Canadian Fintech Simplifying SME Payments Closes Seed Round with $2M in Funding
Summary
VICTORIA, BC, Nov. 23, 2023 /CNW/ - Peloton Technologies is announcing the close of their late seed round after securing $2M in investment. This funding is earmarked for activities that contribute to the companys rapid growth trajectory.Founded in 2011, Pelotons mission is to change the Canadian payments industry for the better by simplifying the traditionally convoluted workflows faced by SMEs (Small and Medium Sized Enterprises). Pelotons innovative platform supports the widest range of payment needs for SMEs in the market. We have a world-class group of investors with deep background in payments, banking, risk management, compliance, accounting, IT architecture, and securities law. With a decade of R&D and real-world application, Peloton Technologies is the leading Canadian FinTech providing small to medium businesses with access to the global market.
Funding
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