5 years ago

Primer Raises £3.8 Million to Help Merchants Consolidate Their Payments Stack

  • Primer, a U.K

  • fintech that helps merchants consolidate their payments stack and easily support new payment methods, has raised £3.8 million in funding

  • The seed round was led by Balderton Capital, with participation from Taavet Hinrikus, who co-founded and previously led TransferWise

  • Primer was founded by ex-PayPal employees and is building a payments API to bring greater transparency to a merchant's payment stack

  • The company aims to reduce friction when adopting new payment methods and provide better insights into how well each checkout option is performing.

      • ProblemFinancial Services

      "Merchant complexity in payments stack and unable to support new payment methods, poor user experience and lack of transparency"

      Solution

      "Primer builds a payments API to consolidate payments stack, reduce technical overhead, and provide transparency on checkout options and costs"

      Covered on