B2B Growth Deals and Investments
  • All Technology
  • AI
  • Autonomy
  • B2B Growth
  • Big Data
  • BioTech
  • ClimateTech
  • Consumer Tech
  • Crypto
  • Cybersecurity
  • DevOps
  • Digital Marketing
  • Ecommerce
  • EdTech
  • Enterprise
  • FinTech
  • GovTech
  • Hardware
  • HealthTech
  • HRTech
  • LegalTech
  • Nanotech
  • PropTech
  • Quantum
  • Robotics
  • SaaS
  • SpaceTech
AllNewsDealsSocialBlogsVideosPodcastsDigests

B2B Growth Pulse

EMAIL DIGESTS

Daily

Every morning

Weekly

Sunday recap

NewsDealsSocialBlogsVideosPodcasts
XSquare Secures Undisclosed Investment From AngelSpark to Accelerate B2B Finance Platform
UndisclosedFinTechB2B GrowthVenture CapitalEntrepreneurship

XSquare Secures Undisclosed Investment From AngelSpark to Accelerate B2B Finance Platform

Wamda
Wamda
•February 16, 2026
Wamda
Wamda•Feb 16, 2026
0

Participants

XSQUARE

XSQUARE

company

AngelSpark

AngelSpark

investor

Why It Matters

The funding empowers XSquare to scale a comprehensive finance stack, tackling the fragmented B2B payments landscape and speeding digital transformation for large enterprises.

Key Takeaways

  • •AngelSpark backs XSquare with undisclosed funding.
  • •Platform unifies banking, payments, invoicing, ERP reconciliation.
  • •Real‑time, card, and cross‑border payments integrated.
  • •Funds target product expansion and infrastructure scaling.
  • •Aims to reduce enterprise financial admin friction.

Pulse Analysis

The B2B payments market remains notoriously fragmented, with companies juggling separate banking accounts, payment processors, invoicing tools, and ERP systems. XSquare’s unified platform addresses this pain point by consolidating regulated banking services, real‑time payments, card networks and cross‑border transfers into a single dashboard. By automating invoicing, payouts and reconciliation, the fintech reduces manual data entry and reconciliation errors, delivering a more agile cash‑flow management experience for multinational firms.

Securing backing from AngelSpark, a prominent early‑stage investor, signals confidence in XSquare’s vision despite the undisclosed round size. AngelSpark’s portfolio typically focuses on high‑growth, technology‑driven enterprises, suggesting that XSquare will receive not only capital but strategic guidance on scaling product roadmaps and go‑to‑market strategies. The infusion will likely accelerate development of advanced APIs, AI‑driven fraud detection, and cloud‑native infrastructure, positioning XSquare against incumbents like Stripe Treasury and emerging fintech challengers.

For enterprises, the promise of an end‑to‑end automated finance stack translates into tangible cost savings and faster operational scaling. By eliminating the need for multiple vendor contracts and manual reconciliations, companies can reallocate finance talent to strategic initiatives rather than routine processing. As more global businesses adopt integrated fintech solutions, XSquare’s growth could reshape the B2B finance ecosystem, prompting traditional banks to partner or compete on similar unified offerings.

Deal Summary

UAE‑based fintech XSquare announced it has raised a new round of funding from AngelSpark, with the amount undisclosed. The capital will be used to expand product development, scale infrastructure, and enhance its unified B2B financial operations platform. The announcement was made on Feb. 16, 2026.

Article

Source: Wamda

Press release

XSquare has secured a new investment to accelerate the development of its unified B2B financial operations platform.

Founded by Tanvir Shah and Ashwin Shenoy, XSquare simplifies fragmented financial workflows by integrating regulated banking services and payment tools into a single interface. The platform connects account‑to‑account real‑time payments (RTP), card rails, and cross‑border payments, while automating invoicing, payouts, and ERP reconciliation for global businesses.

The new capital will support product development, infrastructure scaling, and the expansion of XSquare’s automated financial operations capabilities, enabling businesses to reduce administrative complexity and scale more efficiently.

Key details

  • UAE‑based B2B fintech XSquare has raised a funding round from AngelSpark; the amount is undisclosed.

  • Founded in 2023 by Tanvir Shah and Ashwin Shenoy, XSquare provides a unified platform for banking and payment operations, integrating invoicing, payouts, and ERP reconciliation for global businesses.

  • The company will deploy the funds in product expansion, infrastructure scaling, and strengthening automated financial operations to reduce administrative friction for enterprises.

0

Comments

Want to join the conversation?

Loading comments...