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P97 Secures $40 Million Of Venture Debt Financing From An Affiliate Of Peak Rock Capital

P97 Secures $40 Million Of Venture Debt Financing From An Affiliate Of Peak Rock Capital

01/06/22, 7:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svghouston
Money raised
$40 million
P97 Networks, the leading mobile commerce platform provider to the convenience retail, fuels marketing, and automotive industries, today announced that it has secured $40 million of venture debt financing from an affiliate of Peak Rock Capital, a leading middle-market private investment firm. This new credit facility was designed to support several key growth initiatives at P97.

Company Info

Company
P97
Location
houston, texas, united states
Additional Info
Beyond commerce, the platform serves as an engagement engine, where payments are tokenized for security and then tailored to experiences that meet consumers’ needs in unique and personalized ways. “P97 has become the industry standard in the convenience retail and fuel marketing industry, and we are very pleased to help the company reach its next level of scale and growth,” said Nick Basso, Managing Director at Peak Rock Capital.