Beringea LLC
03/31/2026 | Press release | Distributed by Public on 03/31/2026 02:17
Beringea exits AccessPay as Accel-KKR makes majority investment
Beringea, the transatlantic venture capital investor, has today announced the sale of its stake in AccessPay, the leading bank integration provider, as part of a majority investment by Accel-KKR, a prominent global private equity firm specialising in enterprise technology and software investment. Terms of the transaction were not disclosed.
Founded in Manchester in 2012, AccessPay provides bank integration and payment automation software for finance and treasury teams, helping businesses connect back-office finance systems with banks and automate the flow of payment and financial data.
Beringea led AccessPay's £9m funding round in January 2019 alongside True Ventures and Route 66 Ventures. This initial investment supported the expansion of the company's sales, marketing and engineering functions, as well as continued development of its platform.
Beringea worked closely with Anish Kapoor, CEO of AccessPay, and the broader management team to execute its growth plans successfully. Beringea also provided further funding in 2024 to accelerate AccessPay's expansion into serving more complex and global organisations. This resulted in AccessPay tripling the size of its customer base during Beringea's investment and expanding substantially in the US.
Emma Biasiolo, Investment Director at Beringea, commented: "Anish and the team have done an outstanding job building the company into what it is today. It has been a genuine pleasure to work alongside them over the years and to support the business through this period of growth. We have seen first-hand the diligence and dedication behind that progress, and we look forward to seeing AccessPay continue to succeed in its next chapter."
Anish Kapoor, CEO of AccessPay, commented: "Beringea's investment and support have been difference makers for us. Emma and the team worked closely alongside us across two funding rounds, as we scaled the business to more than 1,000 customers. I'm grateful to Beringea for their sustained commitment to AccessPay."
Founded in Manchester in 2012, AccessPay provides bank integration and payment automation software for finance and treasury teams, helping businesses connect back-office finance systems with banks and automate the flow of payment and financial data.
Beringea led AccessPay's £9m funding round in January 2019 alongside True Ventures and Route 66 Ventures. This initial investment supported the expansion of the company's sales, marketing and engineering functions, as well as continued development of its platform.
Beringea worked closely with Anish Kapoor, CEO of AccessPay, and the broader management team to execute its growth plans successfully. Beringea also provided further funding in 2024 to accelerate AccessPay's expansion into serving more complex and global organisations. This resulted in AccessPay tripling the size of its customer base during Beringea's investment and expanding substantially in the US.
Emma Biasiolo, Investment Director at Beringea, commented: "Anish and the team have done an outstanding job building the company into what it is today. It has been a genuine pleasure to work alongside them over the years and to support the business through this period of growth. We have seen first-hand the diligence and dedication behind that progress, and we look forward to seeing AccessPay continue to succeed in its next chapter."
Anish Kapoor, CEO of AccessPay, commented: "Beringea's investment and support have been difference makers for us. Emma and the team worked closely alongside us across two funding rounds, as we scaled the business to more than 1,000 customers. I'm grateful to Beringea for their sustained commitment to AccessPay."
Beringea LLC published this content on March 31, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 31, 2026 at 08:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]