logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Fortis raised a strategic investment from Audax Private Equity and Lovell Minnick Partners to enhance its leadership in global embedded payments. This investment aims to accelerate Fortis's growth in the $100 trillion B2B payments market.

Mar 12, 20259 months ago
PlanoFinanceSoftware

Investors

Lovell Minnick PartnersAudax Private Equity

Description

Fortis has received a joint investment from Audax Private Equity and existing investor Lovell Minnick Partners to bolster its position in the payments technology sector. This capital infusion will help the company to accelerate its mission of becoming a leader in embedded commerce experiences for businesses. With the ongoing expansion in the rapidly growing B2B payments market, Fortis aims to push forward with its product roadmap and strategic acquisitions. The partnership is expected to define the future of embedded payments.

Company Information

Company

Fortis

Location

Plano, Texas, United States

About

Fortis delivers comprehensive payment solutions and commerce enablement to software partners and developers, processing billions of dollars annually. The company’s mission is to forge a holistic commerce experience, guiding businesses to reach uncharted growth and scale. As the solution of choice for the future of payments, Fortis moves commerce closer to invisible with a proprietary platform that supports and strengthens the commerce and payments capabilities of software partners.

Related People

4 contacts

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers