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Exited portfolio company
AccessPay is a leading provider of bank integration and payment automation software that helps finance and treasury teams streamline complex banking processes.
The ProVen VCTs, managed by VCTA member Beringea, invested a total of £10 million across two funding rounds, supporting the company's growth as demand for automated payment solutions increased. Working closely with the management team, the ProVen VCTs provided additional funding in 2024 to help accelerate expansion into larger organisations and support the next stage of the company's development.
During the ProVen VCTs’ investment, AccessPay achieved significant growth, tripling its customer base to more than 1,000 organisations and establishing a stronger presence in the US market. The company's continued expansion and commercial success ultimately led to its acquisition by private equity firm Accel-KKR in March 2026.
