FundingUS

Episode Six Raises $48M Series C to Scale Payments Infrastructure

Episode Six, headquartered in Austin, Texas, announced a $48 million Series C funding round on May 24, 2023, led by Avenir with continued participation from Anthos Capital. The company provides enterprise-grade payment processing and banking infrastructure through APIs and digital ledger technology, enabling banks and companies to modernize legacy payment systems. Notable strategic backers include HSBC, Mastercard, and SBI Investment, underscoring the platform's credibility across the global banking ecosystem.

The new capital will fuel expanded go-to-market efforts, scaling operations to serve clients in 38 countries. Founded in 2015, E6 offers real-time adaptable solutions designed to address persistent legacy technology challenges faced by financial institutions. The investment signals continued investor confidence in BaaS and payment infrastructure providers that enable banks and enterprises to deliver modern financial products.

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Implications
  • Reinforces investor appetite for BaaS and payment infrastructure platforms that help banks modernize legacy systems
  • Strategic backing from HSBC and Mastercard validates E6's enterprise-grade approach and may accelerate bank adoption of its infrastructure
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