Fundz

PPRO Raises $180 Million for the Next Era of Local Payments Infrastructure, Is Now Valued Over $1 Billion

PRIVATEJan 19, 2021

Amount Raised

$180 Million

Round Type

Funding Round

LondonOtherFinancial ServicesSoftwareMobilePaymentsFinance

Description

PPRO, the global provider of local payments infrastructure, today announced over US $180 million in new investment. Investors include Eurazeo Growth, Sprints Capital, and Wellington Management. This news comes just six months after the company raised US $50 million from Sprints Capital as well as Citi Ventures and HPE Growth. PPRO’s valuation is now over US $1 billion.

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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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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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