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Funding round led by Bain Capital Ventures will fuel open banking strategy, accelerating delivery of next-generation bank-to-bank payments
SAN FRANCISCO (PRWEB) December 17, 2020
GoCardless, a fintech leader in recurring payments supporting more than 55,000 businesses worldwide, today announces it has raised $95m in a Series F funding round.
This latest fundraise, led by Bain Capital Ventures, follows 46% year-on-year growth for GoCardless despite the challenging economic environment and supports its ambitious growth plans. It brings the total raised to-date to $240m.
GoCardless will use the funding to accelerate its open banking strategy, combining the latest technology with its global bank debit network. For the first time, merchants will be able to access the best of both worlds for recurring payments: Instant open banking payments will provide visibility and speed, while bank debit maximizes cash flow and minimizes churn by pulling funds automatically from payers -
Big Data And Data Analytics Market Analysis With Impact of COVID-19, Top Companies, Trends, Demand, Future Opportunity Outlook 2020
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Commerce Technology Provider Spryker Announces $130 Million Financing Round Led by TCV to Accelerate U.S. Centric Global Expansion to Enable Transactional Business Models
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Spryker accelerates the deployment, time-to-value, and transformation towards transactional business models. NEW YORK and BERLIN (PRWEB) December 17, 2020 Spryker, a fast-growing commerce technology for global enterprises, today announced that it has raised over $130 million in a Series C financing round, led by Silicon Valley-based TCV. Existing investors One Peak from London and Project A Ventures from Berlin also participated in the round.
The funding will be used to expand Spryker’s proven B2B and Enterprise Marketplace products and create a compelling 3rd party technology AppStore. Spryker also intends to grow its international footprint with a focus on the U.S., which already accounts for 10% of its annual software revenue
Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools
Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. That market driver has now led to a significant growth round for a startup that is helping the larger of these businesses, including those targeting the B2B market, build out their digital sales operations with more agile, responsive e-commerce solutions.
Spryker, which provides a full suite of e-commerce tools for businesses starting with a platform to bring a company’s inventory online, through to tools to analyse and measure how that inventory is selling and where, and then adding voice commerce, subscriptions, click & collect, IoT commerce and other new features and channels to improve the mix has closed a round of $130 million.
Romania: Romanian start-ups raise 60% less financing in 2020
romaniapress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from romaniapress.com Daily Mail and Mail on Sunday newspapers.