This is a meaningless signal. The round probably closed a few weeks ago. There is often a lag time of weeks to months (even a year!) between funding and announcements.
Give it another month to see how well a company can raise seed/series A from zero before we make any judgement.
My gut is that the investment expresses calculated risk. London and the UK constitute significant European financial center and financial services firms are likely to become more important if and when the common market actually splits.
>TransferGo’s new investor, Stockholm-based Vostok Emerging Finance, said they had been waiting patiently to make such an investment and hadn’t been put off by the current political and economic climate in Britain.
Finally somebody is being reasonable. A decent British leader will take as long as necessary to negotiate a good exit, and things will turn out just fine.
Give it another month to see how well a company can raise seed/series A from zero before we make any judgement.