5 years ago

PPRO Secures $180 Million Funding Round, Valuation Exceeds $1 Billion

  • PPRO, a London-based global provider of local payments infrastructure, has raised over US$180 million in new funding from Eurazeo Growth, Sprints Capital, and Wellington Management

  • This brings PPRO's valuation to over US$1 billion

  • The funding will be used to accelerate PPRO's continued global expansion and support the development of its border-free payment technology and services

  • PPRO provides a cross-border payments infrastructure, powering international growth for payment service providers and platforms such as Citi, Elavon, Mastercard Payment Gateway Services, Mollie, PayPal, and Worldpay.

      • ProblemFinancial Services

      "Businesses struggling to accept payments from customers in different countries. It's a major headache to deal with the different payment methods and regulations in every market."

      Solution

      "PPRO makes it easy for businesses to accept payments from anywhere in the world by providing a platform that handles all the complexities of international payments, including currency conversion, regulatory compliance and fraud prevention."

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