2 years ago
APEXX Global Raises $25 Million in Series B Funding
APEXX Global, a startup that provides merchants with alternative payment options, has raised $25 million (£20.8 million) in a Series B funding round
The company connects sellers with various payment options, including buy now pay later (BNPL) products, allowing them to add different payment types at checkout
The funding will be used to expand the company's reach into North America and add more payment types to its offering
The round was led by existing investor MMC Ventures, along with Alliance Ventures and Forward Partners.
ProblemFinancial Services
"Businesses struggle to manage multiple payment providers, leading to high costs and complex integrations."
Solution
"APEXX Global provides a single platform that connects merchants with various payment options, simplifying payment processing and reducing costs."