3 years ago

Payments Platform Paddle Secures $200M Series D, Becomes UK's Newest Unicorn

  • Paddle, a UK-based payments provider for SaaS businesses, has achieved unicorn status with a $200 million Series D funding round led by KKR

  • The company, now valued at $1.4 billion, offers a comprehensive platform for managing payments, subscriptions, and compliance

  • Paddle will use the funds to further expand its platform and support its growing customer base.

      • ProblemTechnology

      "SaaS businesses experience hindered growth due to operational challenges when scaling, such as managing subscriptions, ensuring tax compliance, and localizing payment options."

      Solution

      "Paddle provides a comprehensive payment infrastructure for SaaS businesses, simplifying complexities related to subscriptions, tax, compliance, and global payments, thereby enabling faster and more sustainable growth."

      Covered on