5 years ago
APEXX Global Secures $8 Million Series A to Revolutionize Global Payments
Global payments platform APEXX Global has raised $8 million in Series A funding to fuel its next stage of growth
The round saw participation from new and existing investors in the U.K
and Scandinavia, including Forward Partners, MMC, and Alliance Ventures, who all increased their investments from the earlier seed round
APEXX also received a grant from Innovate UK
The company will use the funding to drive innovation and expand its global presence.
ProblemTechnology
"Merchants face challenges with inefficient and costly payment processing, leading to reduced sales conversion rates."
Solution
"APEXX provides a unified platform that integrates acquirers, gateways, shopping carts, and alternative payment methods into a single API connection, simplifying payment processing and reducing costs for merchants."