Fundz

PPRO secured €85m in a funding round to pursue growth in key markets and enhance its global network of local payment methods.

PRIVATEMar 13, 2024

Amount Raised

$85 Million

Round Type

Funding Round

LondonOtherFinancial ServicesSoftwareMobilePaymentsFinance

Investors

Black RockCiti VenturesJP MorganPay Pal VenturesSprintsHPE GrowthEurazeo

Description

PPRO, the local payments platform, has completed a dual-tranche funding round totalling €85m. The fintech aims to use this funding to pursue its growth aims in key markets and enhance its global network of local payment methods. Fresh funding in PPRO comes from new and existing investors, including Eurazeo, HPE Growth, Sprints, PayPal Ventures, JPMorgan, Citi Ventures, and funds backed and managed by BlackRock.

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Company Information

Company

PPRO

Location

London, England, United Kingdom

About

PPRO is a fintech company that globalises payment platforms for businesses, allowing them to offer more choice at the checkout and boost cross-border sales. Payment service providers, enterprises, and banks that run on PPRO's infrastructure are able to launch payment methods faster, optimise checkout conversions, and reduce the complexities of managing multiple fund flows. Citi, PayPal, and Stripe are just some of the names that depend on PPRO to expand their platforms beyond borders.

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4 contacts
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PPRO raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.