Dojo Funding News -London-Based Dojo Secures €168.6M Equity Funding

SUMMARY

• London-based Dojo, a payments technology company, has raised $190 million (around €168.66 million) in its first equity funding round. The investment comes from global investment firm Vitruvian Partners. Stephen Byrne, Partner at Vitruvian Partners, says, “We’re delighted to be partnering with Dojo at this critical point on their growth journey. 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.” “Vitruvian’s investment in Dojo builds on our track record in the payments sector, and we look forward to providing capital and support to accelerate Dojo’s growth,” adds Byrne. Dojo is a payments tech company focused on helping businesses with in-person transactions. Launched in 2021, it now supports over 140,000 businesses—ranging from small firms to large enterprises. Its cloud-based platform handles 6 to 9 million transactions daily and offers fast setup, real-time insights, and reliable connectivity. Dojo also provides digital payment support, business funding, and booking management tools. With 50 million unique consumer cards processed monthly, Dojo claims to hold a strong position in the UK payments market. Dojo will use the new funding to grow its UK operations and expand into key European markets like Ireland, Italy, and Spain. The goal is to reach more customers and scale its technology across a broader base. Vitruvian Partners will support Dojo’s growth strategy. With over $20B in active funds, Vitruvian brings experience in scaling fintech and payments companies. Its previous investments include Just Eat, Skyscanner, Wise, and Darktrace. Francois Callens, CFO at Dojo, says, “In a short space of time, our game-changing technology and proven customer proposition have enabled us to become the market leader in the UK. Our ambition doesn’t stop here. 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.” Callens adds, “The investment is testament to the hard work from our team and the deep support from our partners and customers over the past four years. We are proud to demonstrate that the UK tech sector can attract global investment, and look forward to working with Vitruvian to deliver our shared ambition of bringing our technology to more Enterprises and becoming a leader in card payments in Europe.” About Dojo Founded in 2019, Dojo serves over 140,000 customers, helping businesses and consumers with smooth, reliable payment experiences. Dojo’s mission is to help businesses succeed in the experience economy by offering tools and technology that turn everyday transactions into lasting customer relationships.