Jump to content
ade

B2B PAYMENTS Big-Name Backers Pump $324 Million Into B2B FinTech

Recommended Posts

Quote

A healthy $1.1 million in seed funding landed at Payment Rails, a U.S.-based startup that is gearing up to exit beta mode next month. The company uses API technology to facilitate corporate payments to suppliers and employees across the globe, and deploys blockchain (fueled by Ripple) for liquidity and treasury management capabilities. But, perhaps the most important news of this funding, is who provided the backing. Investors included former PayPal president Scott Thompson, who has now joined Payment Rails’ as board advisor, as well as former executives from Visa, Currencycloud, American Express and Slack, according to a press release.

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...