Juni, the financial companion for e-commerce, today announces the close of its $206 million in Series B and venture debt funding within two years of its inception. The $100 million Series B funding is led by Mubadala Capital, whose global fintech footprint includes investments in SpotOn, Brex, C2FO, WeFox, Cardless, and others. All of Juni’s existing investors – EQT Ventures, Felix Capital, Cherry Ventures and Partners of DST Global – are also participating in the round.

Co-founded by CEO Samir El-Sabini and CTO Anders Orsedal in 2020, Juni is a financial management platform tailor-made for e-commerce that ties together physical and virtual cards, credit cards, accounting, analytics and digital advertising platforms, giving businesses a holistic view of their finances. In less than a year since its launch, Juni was recognised as the fastest-growing fintech start-up in Europe in 2021.

In addition to the Series B funding, Juni has secured up to $106 million in venture debt financing from Silicon Valley-based TriplePoint Capital, the global leader in venture lending, which has partnered with other innovative fintech companies such as Square, Revolut, N26, and Monzo. This funding will be used to fuel e-commerce business growth through Juni’s credit card. With e-commerce sales set to reach trillions by 2025 and digital advertising spending forecasted to grow exponentially, Juni’s credit card is made for media buying and the company is focused on removing the limitations set by traditional lenders.