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23rd February 2021 - 0 comments

Manchester start-up Orka raises £29m to fuel rapid growth

Worker tech start-up Orka Technology Group has raised £29 million in its latest funding round and will use the capital to fuel the rapid growth of its earned wage access product Orka Pay.

 

The fundraise was a mixture of debt financing from Sonovate and equity funding involving the British Business Bank Future Fund and existing investors, including former UK CEO of Adecco Peter Searle. This takes the total raised by Orka to £31.5m since the company launched in 2017.

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