Embedded finance continues to be the engine driving the growth of fintech, with one group of companies building core banking, payments and other financial technology, and a much bigger group tapping that technology through APIs to build customer-facing businesses. Today, one of the bigger players on the core technology side — Global Processing Services — […]
Company upsizes funding round by approximately US$100 million with participation of Temasek and MissionOG, following lead investment from Advent International and Viking Global Gene Lockhart
(Bloomberg) Global Processing Services has raised an additional $100 million from Singapore state-owned investor Temasek Holdings Pte. and growth equity fund MissionOG.
That means the startup’s latest fundraising round has topped $400 million, it said in a statement Thursday.