UK payments technology provider Dojo has secured an investment of $190m (£141m) from Vitruvian Partners, a global growth investment firm.
The funds enable Dojo to significantly accelerate the company’s growth in the UK and expansion across European markets.
Since its launch in 2021, Dojo’s mission has been to reinvent the payments landscape to grow in-person commerce using its next-generation cloud-native platform to meet the needs of enterprises.
Francois Callens, chief financial officer at Dojo, said: “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.”
Through the investment, Vitruvian will work in partnership with the management team to support Dojo’s growth ambitions.
“We’re delighted to be partnering with Dojo at this critical point on their growth journey,” said Stephen Byrne, partner at Vitruvian Partners.
“The Dojo team have built next-generation technology that is disrupting card payments and believe they are well-positioned to benefit from an ongoing, fundamental shift towards embedded and integrated payments.”
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