Pimer raises USD 50 million at a USD 425 million valuation

Tuesday 19 October 2021 08:16 CET | News

UK-based automation platform for payments Primer has closed Series B funding round with USD 50 million, valuating the payments infrastructure startup at USD 425 million.

The USD 50 million Series B fundraise was led by ICONIQ Growth, the San Francisco based investment company that has backed global tech companies such as Adyen and Marqeta to Snowflake and Datadog. Existing investors, including Accel, Balderton Capital, Seedcamp, Speedinvest, and RTP Global all participated in the round. 

Primer, which was founded in early 2020 by ex-Paypal/Braintree employees and employs more than 70 people across 20 countries, has built the an automation platform for payments.

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: funding, startup, online payments, fintech, Adyen
Categories: Payments & Commerce
Countries: United Kingdom
This article is part of category

Payments & Commerce