About Storfund
Storfund is a company based in London (United Kingdom) founded in 2018 by Akbar Ahsan and George Brintalos. Storfund has raised $413.24 million across 2 funding rounds from investors including Fasanara. Storfund offers products and services including Daily Advance. Storfund operates in a competitive market with competitors including Sonovate, Tradeshift, Optimum Finance, Finverity and Shengye Capital, among others.
- Headquarter London, United Kingdom
- Founders Akbar Ahsan, George Brintalos
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Stor Holdings Limited
- Date of Incorporation 07 Mar, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$413.24 M (USD)
in 2 rounds
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Latest Funding Round
$413.24 M (USD), Series D
Oct 27, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Storfund
Storfund offers a comprehensive portfolio of products and services, including Daily Advance.
Provides immediate payouts to ecommerce sellers for faster restocking and growth.
People of Storfund
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Funding Insights of Storfund
Storfund has successfully raised a total of $413.24M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $413.24 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series D — $413.2M
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First Round
First Round
(29 Jan 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series D - Storfund | Valuation | Fasanara |
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| Jan, 2021 | Amount | Debt – Conventional - Storfund | Valuation |
investors |
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Investors in Storfund
Storfund has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fasanara.
| Investor | Description | Founded Year | Domain | Location |
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An investment management firm specializing in diversified funds and portfolios.
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Founded Year | Domain | Location |
Investments & Acquisitions by Storfund
Financial Statements - Storfund
Storfund Comparisons
Competitors of Storfund
Storfund operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sonovate, Tradeshift, Optimum Finance, Finverity and Shengye Capital, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for invoice financing
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| domain | founded_year | HQ Location |
Cloud-based source-to-pay management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Working capital loans are extended to small and medium-sized enterprises.
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| domain | founded_year | HQ Location |
P2P marketplace for supply chain financing
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| domain | founded_year | HQ Location |
Supply chain financing is facilitated through an online marketplace platform.
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Frequently Asked Questions about Storfund
Storfund was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Storfund is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
George Brintalos is the current CEO of Storfund. They have also founded this company.
Storfund is a funded company, having raised a total of $413.24M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $36.33M, raised on Jan 29, 2021.
Storfund was established in 2018 as a currency exchange firm based in London, United Kingdom. Operations are centered on foreign exchange transactions for clients in the financial sector. Services include currency conversion and related advisory support, managed by co-founder and COO Akbar Ahsan alongside founder and CEO George Brintalos. The company maintains a focus on efficient cross-border payments within the European market.
Storfund's top competitors include Sonovate, Tradeshift and Optimum Finance.
Storfund offers Daily Advance.
Storfund has 1 investor. Key investors include Fasanara.