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PayPal Holdings (NASDAQ:PYPL) - Cloud-Payments Firm Gr4vy Announces $11.1M Funding

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From PayPal to Gr4vy, John Lunn, a leading executive with
Paypal (NASDAQ: PYPL) during his time leading the company s Developer and Start-up Relations division, has come back to the payments business with a new firm, Gr4vy.
After that stint in 2015-16, Lunn became a partner in PayPay Ventures until early 2020. In late 2020, he launched Gr4vy, a cloud-native payments company. The company announced a $11.1 million Series A funding round led by Nyca Partners with participation from Activant Capital, Global Founders Capital and Firestartr. Total company funding is now $12.2 million.
At Gr4vy, we accelerate digital transformation by integrating the advantages of cloud computing into payment orchestration. Our innovative platform provides a seamless way for retailers to manage payments without the need for added infrastructure or payment teams, said Lunn, founder and CEO. We are the only payment orchestration platform built natively in the cloud. With our i ....

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