Libro, an industry leader in online reservation management and diner engagement technologies, crushed its estimates for the first half of FY2022 with more than 350 new customers to further position
Paystone Closes $69 Million Financing Round
Paystone Closes $69 Million Financing Round
Paystone, a leading payments and integrated software company, announces the closing of $69 million in strategic financing from Canadian Business Growth Fund (CBGF) and National Bank of Canada. The funds will be used to fuel growth in customer engagement services and electronic payment processing solutions. This financing round accelerates Paystones vision, says Tarique Al-Ansari, CEO of Paystone. We are transforming payments acceptance by integrating marketing automation with electronic payments, enabling merchants to grow their revenues. Paystone marks the first investment in a Southwestern Ontario-based business for CBGF and adds more Quebec presence to CBGFs portfolio. Paystones organic growth trajectory is impressive and supported by an ambitious acquisition strategy, says George Rossolatos, CEO of CBGF. We believe Tarique and his team have the skills and experience to continue to exec