News closes USD 38 mln in financing

Wednesday 13 November 2013 08:03 CET | News, a US-based provider of integrated bill payment, invoicing and cash flow management solutions for businesses, has closed USD 38 million in financing. Led by new investor Scale Venture Partners, the round also included participation from Bank of America, American Express, Fifth Third Bank, Pete Kight, founder of CheckFree, and Commerce Ventures, as well as all of Bill.coms previous investors, August Capital, Napier Park Global Capital, TTV Capital, Jafco Ventures, Emergence Capital and DCM.

As part of the investment, Rory ODriscoll, a partner with ScaleVP, has joined the Board of Directors. With this funding, has raised USD 80 million to date.

In recent news, has launched the extended Banking Platform.

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Keywords:, USD 38 Million financing, Scale Venture Partners, bill payment, invoicing, cash flow management, US
Categories: Banking & Fintech
Countries: World
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Banking & Fintech

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