Episode Six announces a $48 million Series C Financing
Led by Avenir, financing round serves to expand global market leadership in payments and banking infrastructure
AUSTIN, Texas--Episode 6 (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, today announced a $48 million Series C financing led by Avenir, a growth stage investment firm focused on category defining, tech-enabled companies. The round also included additional participation by existing investor, Anthos Capital, a consumer and technology investment firm.
This investment will be used to expand E6’s go-to-market efforts, build on its global market leadership, and scale its business as the company continues to drive modernization journeys for banks and companies that operate within the payments space. Already proven among Top 50 global banks, E6’s platform, TRITIUM®, allows businesses to quickly deliver industry-leading payments solutions with the flexibility to adapt in real time – a crucial capability given rapid shifts in consumer demand.
“The burden of relying on legacy technology continues to present challenges, especially at a time when innovation is key to winning and retaining customers. This, paired with the rising cost of operating legacy technology, is the reason we are seeing a significant increase in interest in our solution,” said E6 co-founder and CEO John Mitchell. “The demand for the shift to modern payments technology presents a substantial opportunity for us, and we’re pleased that Avenir and Anthos Capital share our vision. We’ll lean into their investment to bolster our presence in global financial markets, putting us in a position to help banks and other companies modernize their payments infrastructure and remain competitive.”
“E6 has built an adaptable and resilient platform that helps bring banks and other companies in the payments space into the future by providing a streamlined path to modernization,” said Jamie Reynolds, Avenir co-founder. “This technology, combined with the team’s expertise in the global financial landscape, makes us excited to see the company further establish its position as a leader in the payments industry.”
E6 operates globally across 38 countries with an expanding team located in the U.S., UK, Japan, Singapore, Hong Kong and Australia. For more information, visit www.EpisodeSix.com.
About Episode 6
Episode 6 (E6) is a global provider of enterprise-grade payment processing and digital ledger infrastructure for banks and companies looking to offer payments to their customers. E6 delivers the innovative capabilities needed to compete with disruptors by augmenting existing infrastructures. Flexibility, adaptability and resilience are built into the core of E6’s TRITIUM platform ensuring clients maintain a market-leading position. E6 operates globally across 38 countries with an expanding team located in the U.S., Europe, Japan, Singapore, Hong Kong, and Australia. Investors include HSBC, Mastercard, SBI Investment Co., Ltd., Anthos Capital and Avenir. For more information, visit www.EpisodeSix.com or LinkedIn.
Avenir, founded in 2017, is a growth stage investment firm with a track record of investing in category defining, tech-enabled companies. Avenir brings a research-driven, first principles-based approach to investing and has a relentless focus on driving value post-investment. Investments include Drizly, Savage x Fenty, Flutterwave, Alloy and DuckDuckGo, amongst others.
About Anthos Capital
Anthos, founded in 2007, invests in emerging consumer and technology companies that drive innovation and shape the future. Anthos provides strategic and operational support to entrepreneurs, enabling its portfolio companies to achieve their full potential and become industry leaders.
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.