Blackthorn Finance*
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Blackthorn delivers financial solutions that include cross border payments and FX multi-currency accounts offering over 25 currency IBANS linked to Blackthorn's debit card. With our ecosystem we deliver an end-to-end solution for our customers enabling a frictionless onboarding process that allows our clients access to multiple financial services in one place, this includes: e-commerce acquiring, cash rewards, and access to all payment rails (BACS, CHAPS, SWIFT, faster payments and SEPA) across Europe. Blackthorn Finance acquired Welstreet portfolio company Steven in September 2023. Steven’s app is a solution for bill splitting and group payments. The app keeps track of all debt between friends and sends auto-reminders. The app is simple to use, creates social pressure and removes social stigma. *Part of seed assets transfered from Wellstreet Partners in connection with first close of Ventures Fund I.
Rationale
Success factors
In September 2023 with +300000 users, Wellstreet's portfolio company Steven was acquired by Blackthorn Finance. Thus, the later is now part of the Wellstreet portfolio.
Result
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Pitch us!
We support every entrepreneur with the necessary resources to thrive. We identify opportunities that lead to success and have the highest survival rate in the industry. Our focus on proactive ESG ensures we're always working towards building a better future. We are a VC firm with a proven track record, dedication to our partners, and commitment to sustainability.
