PPRO bringt 180 Millionen USD für die nächste Ära der lokalen Zahlungsinfrastruktur auf und ist jetzt über 1 Milliarde USD wert finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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New investment from Eurazeo Growth, Sprints Capital and Wellington Management after another year of hypergrowth for PPRO PPRO, the global provider of local payments infrastructure, today announced over US $180 million in new investment. Investors include Eurazeo Growth, Sprints Capital, and Wellington Management. This news comes just six months after the company raised US $50 million from Sprints Capital as well as Citi Ventures and HPE Growth. PPRO s valuation is now over US $1 billion.
PPRO has established itself as the most trusted infrastructure provider in the cross-border payments space, powering international growth for payment service providers and platforms such as Citi, Elavon, Mastercard Payment Gateway Services, Mollie, PayPal, and Worldpay. PPRO s local payments platform and expert services help its customers get the industry s best conversion rates in markets around the world by allowing online shoppers to pay with their preferred payment method.
PPRO nabs $180M at a $1B+ valuation to bring together the fragmented world of payments
The pandemic has hastened a shift of most commerce becoming e-commerce in the last year, and that has brought a new focus on startups that are helping to enable that process.
In the latest development, PPRO, a London-based startup that has built a platform to make it easier for marketplaces, payment providers and other e-commerce players to enable localised payments that is, make and take payments in whatever form local customers prefer to use, which extend well beyond basic payment cards has closed a round of $180 million, funding that catapults PPRO’s valuation to over $1 billion.
BNPL Twisto Receives €16 million Investment
Twisto, a buy now pay later (BNPL) Fintech, has received a €16 million investment led by
Zip Co and
Elevator Ventures. Twisto is attempting to follow in the footsteps of firms like
Affirm that just went public at a market cap of over $11 billion. Several existing Twisto investors also participated including Finch Capital, Velocity Capital, ING Bank, and the Austrian insurance conglomerate UNIQA.
Twisto is a Czech company that is working to popularize BNPL across Central & Eastern Europe for the past 7 years. In November, Twisto introduced an interest-free,three-installment payment option in the region. Twisto CEO