Send Payments wraps up oversubscribed $11.5m Series B raise as Europe beckons

 Fintech-as-a-service company Send Payments has wrapped up an $11.5 million Series B funding round as it scales up operations to access a pipeline of large enterprise opportunities in Australia and Europe.

The raise, which closed oversubscribed, has boosted the payments technology provider’s capital valuation to about $46.5 million and brought on board a host of new investors including Regal Funds Management, Ophir Asset Management and Wunala Capital.

The Series B round comes a year after Send Payments completed a $5 million Series A and since then the company has doubled revenue and tripled its product suite.

Read More: https://www.businessnewsaustralia.com/articles/send-payments-wraps-up--11-5m-series-b-oversubscribed-as-europe-beckons.html



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