APEXX Global, a London, UK-based provider of a payments orchestration platform, raised $25M in Series B funding.
The round was led by MMC Ventures, Alliance Ventures and Forward Partners. MMC Ventures’ Chairman and Co-Founder Alan Morgan will also take a seat on APEXX’s board.
The company intends to use the funds to develop its products and technology and to expand its presence in North America.
Founded in 2016 and led by CEO Peter Keenan, APEXX Global provides a payments platform that combines acquirers, gateways, shopping carts and Alternative Payments Methods into a single marketplace and one-stop solution for Enterprise/Tier 1 merchants. The company builds an integrated and transparent service that manages the authorisation, processing and optimisation of transactions. APEXX takes an agnostic approach to partnerships, working with many different solutions providers across the payments industry.
The company, which serves businesses such as Ryanair, CarTrawler and Avon, among others, also has offices in New York and India.
FinSMEs
13/03/2023