Episode Six: $7M series A round to fund continued global expansion
Episode Six Raises $7 Million Series A to Fuel Global Expansion
Legacy payment infrastructure has a problem. It wasn't built for what banks and fintechs need to do today. Episode Six was founded to fix that, and in 2020, some of the world's most recognized names in financial services put their money behind that conviction.
Episode Six closed a $7 million Series A round led by HSBC, with participation from Mastercard and SBI Investment Co., Ltd. The vote of confidence from three major global financial players wasn't incidental. It reflected a shared belief that the payments infrastructure layer needed a fundamental rethink.
At the time, Episode Six had already expanded into three of the world's largest financial markets: Tokyo, Singapore, and London. Its platform was powering products used by 3 million consumers and businesses. The new capital went toward accelerating that global growth and continuing development of the technology that makes it possible to configure payments infrastructure without the constraints of legacy systems.
Brian McKenney, the Chief Innovation Officer of HSBC's Global Liquidity and Cash Management division, put it plainly. Episode Six had proven the power of its technology in Asia-Pacific, helping HSBC develop digital wallet propositions for its customers.
That proof of concept in APAC was just the beginning. Today, Episode Six operates across 50+ countries, serving banks, fintechs, and brands that need the flexibility to build payments products their customers actually want, without ripping out what they already have.
The $7 million round was an early signal of what the market was starting to understand: the infrastructure layer matters, and not all platforms are built equal.
E6 Team
About the Author
Episode Six provides financial institutions with solutions for legacy payment stacks that aren’t fulfilling the needs of an expanding industry. We are a global provider of enterprise-grade payment technology and ledger management infrastructure for banks that need to keep pace with disruptors and evolving consumer preferences.