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Primer raises $100M in Series C funding round led by Sofina. The company plans to use the new capital to scale its sales and engineering teams in the U.S.
SpeedinvestTencentIconiqAccelBalderton CapitalPeak XV PartnersSofina
Description
Primer, a London-based unified payments infrastructure provider, has raised $100M in a Series C funding round. This funding will help the company scale its sales, engineering, and customer success teams in the United States. The round was led by Sofina, with participation from Peak XV Partners and other existing investors. Primer aims to enhance its services and grow its presence in the U.S
Company Information
Company
Primer
Location
Greater London, England, United Kingdom
About
Primer is a London-based unified payments infrastructure provider that enables merchants to orchestrate processors, fraud tools, and payout rails through a single integration. Founded by former PayPal and Braintree executives, it offers a comprehensive layer that integrates disparate payment stacks for AI-driven payment intelligence. Established in 2020, the company's platform provides complete transaction context for automated decision-making and optimization. Primer aims to scale its operations significantly in the U.S. market.
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Greater LondonFinancial ServicesArtificial IntelligencePaymentsFintechBlockchain