The timing of the raise coincides with the firm having crossed USD 100M in annual revenue-run rate and 250 million API calls per month from its B2B customers. This is the first institutional round of funding for Prime Trust.
Led by Mercato Partners, the round also includes strategic participation from Samsung Next, Nationwide, Commerce Ventures, Ayon Capital, Kraken Ventures, STCAP, s20 Capital, Seven Peaks Ventures, Diverse Angels, University Growth Fund and Nevcaut Ventures.
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