Citibank, NatWest
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Raylo taps Citi equity, NatWest debt in £30m round
UK subscription infrastructure provider Raylo has raised £30m in growth funding, blending £10m of equity led by Citibank with £20m of debt from NatWest to back UK growth and a planned US launch.
Raylo raises EUR 34.5m to scale device subscriptions
UK device-subscription platform Raylo has secured EUR 34.5 million in growth funding from Citibank and NatWest to expand into new device categories and prepare a US launch in H2 2026.