Fundz

Primer raises $100M Series C to enhance AI capabilities in payments and expand in the US, led by Sofina.

PRIVATEMay 20, 2026

Amount Raised

$100 Million

Round Type

Series C

Greater LondonFinancial ServicesArtificial IntelligencePaymentsFintechBlockchain

Investors

Balderton CapitalPeak XV PartnersAccelIconiqTencentSpeedinvestSofina

Description

Primer has secured $100 million in a Series C funding round to develop its AI-enabled operating layer for global payments. The round was led by Sofina with participation from Peak XV Partners and continued support from existing investors. This funding aims to streamline payment systems and enhance decision-making through AI. The company processes billions of transactions annually for major brands, providing comprehensive insights into payment flows.

Quick answer

Primer raised $100 Million in a Series C round, dated May 20, 2026. Investors: Balderton Capital, Peak XV Partners, Accel, Iconiq, Tencent, Speedinvest and Sofina. Primer is based in Greater London, England, United Kingdom.

How much did Primer raise?
Primer raised $100 Million in a Series C round on May 20, 2026.
Who invested in Primer?
Balderton Capital, Peak XV Partners, Accel, Iconiq, Tencent, Speedinvest and Sofina are named as investors in this round.
What does Primer do?
Primer is a London-based unified payments infrastructure provider that enables merchants to orchestrate processors, fraud tools, and payout rails through a single integration.
Where is Primer based and how big is it?
Primer is based in Greater London, England, United Kingdom. Fundz records about 51 employees.
Who are the decision-makers at Primer?
Fundz holds 1 contact at Primer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Primer that raised within 45 days of this round, from Fundz verified event records.

  • El Dorado raised $9M (Series A) on June 15, 2026.
  • MNX raised $6.4M (Pre-Seed) on June 10, 2026.
  • Paymove raised $2.4M (Seed) on June 10, 2026.
  • WasabiCard raised $10M (Pre-Series A) on June 3, 2026.
  • Belo raised $14M (Series A) on May 26, 2026.
  • Sahi raised $33M (Series B) on July 4, 2026.

Who to call at Primer, and when

A new round usually means Primer is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Primer, from your own LinkedIn network

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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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