# SH Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sh-financial

- Industry: Financial Services
- Headquarters: Dublin, Ireland
- Website: www.sh-financial.com
- Total disclosed funding: $9.3M
- Latest round: Series A (May 10, 2022)
- Investors on record: 1

## About

SH Financial Ltd. is a financial services provider specializing in international business accounts, cross-border payments, and investment consulting for small to medium-sized enterprises and high-net-worth individuals.Founded in 2020 in Dublin, Ireland by Mohit Davar and Thomas Dillon, SH Financial Ltd. operates as an independent entity. The company has completed a total of 3 deals, with the most recent deal occurring on May 10, 2022, when it raised EUR 8.96 million in Series A funding led by Gate Ventures. The total amount raised by the company is EUR 8.96 million, with a current valuation of EUR 60.293 million.SH Financial and its subsidiary SH Capital provide a comprehensive range of financial services designed for businesses around the globe. SH Financial offers international business accounts that enable cross-border payments, transactional foreign exchange, International Bank Account Numbers (IBANs), virtual IBANs (vIBANs), multi-currency wallets, and VISA card issuance, primarily targeting small to medium-sized enterprises (SMEs) and larger corporations. SH Capital focuses on capital investment services, including wealth and asset management consulting for high-net-worth individuals and corporate clients. Both entities cater to the financial needs of clients across Europe, the Middle East, and Asia, addressing complex international trade and financial management requirements.For the most recent year, 2022, SH Financial reported a revenue of EUR 0, with an EBITDA of EUR -1,678,122.1. Revenue generation is facilitated through fees for account maintenance, transaction processing, and currency conversion services, alongside consulting fees from SH Capital's investment services.In May 2022, SH Financial Ltd. secured EUR 8.96 million in Series A funding, which will be strategically utilized for business development and team expansion. The company aims to introduce new products tailored to meet the evolving needs of its clients and is exploring expansion into new markets, particularly targeting regions with growing demand for financial services. These initiatives are part of SH Financial's plan to enhance its service offerings and geographic footprint.

## Funding rounds

- Series A, May 10, 2022, $9.3M — Gate Ventures

## Investors

- Gate Ventures (https://capitalatlas.ai/funds/gate-ventures) — Series A