News

APEXX Global gets USD 8 mln in Series A fundraise

Friday 12 June 2020 08:29 CET | News

APEXX Global, a global payments platform, has closed its Series A funding to drive the next stage of the company’s growth.

The raised amount takes the total investment raised from investors across Europe to USD 12 mln. Founded in 2016, APEXX is a global payments platform that combines acquirers, gateways, shopping carts, and Alternative Payments Methods into a single API connection.

The funds were raised from new and existing investors in the UK and Scandinavia. Forward Partners, MMC and Alliance Ventures all increased their investments in APEXX after participating in the earlier seed round. APEXX has also been awarded a grant from Innovate UK, a public body that supports innovation and research, which will allow it to build its next-generation payment-routing capability.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: APEXX Global, global payments platform, merchants, acquirers, merchants, ecommerce, funding
Categories: Payments & Commerce
Companies:
Countries: India, United Kingdom
This article is part of category

Payments & Commerce