UK payments technology provider Dojo has successfully raised $190 million in its first equity round led by Vitruvian Partners.
Since launching in 2021, Dojo’s cloud-native payments platform has expanded to serve over 140,000 businesses, processing between 6 and 9 million transactions daily. The platform seamlessly integrates with more than 450 POS systems, providing both in-person and digital payment options, alongside services like business financing and booking management software.
The investment will be utilized to scale operations in key European markets where Dojo already has a presence, including Ireland, Italy, and Spain.
Francois Callens, CFO at Dojo, stated, “In a short space of time, our game-changing technology and proven customer proposition has enabled us to become the market leader in the UK. Our ambition doesn’t stop here. Dojo has a large and exciting opportunity ahead, and with the support of Vitruvian, we have the investment to deliver on our plans to scale our growth and enable in-person commerce across Europe.”