Tilled Raises $12.5M, Expands Card-Present Strategy Internationally
Summary
The PayFac-as-a-Service startup has now raised nearly $40M in five years, while also expanding services throughout the United States and Canada BOULDER, Colo., Oct. 29, 2024 /PRNewswire/ -- Tilled, the Boulder-based start-up that pioneered PayFac-as-a-Service to help software companies realize the full benefit of embedded payments, today announced a $12.5 million fundraising round led by Canvas Ventures and UPC Capital Ventures. Tilled is also announcing a new partnership with Handpoint to expand its card-present offerings, including dozens of terminal options available in the United States and Canada. Well be expanding our collaborations with leading payment companies worldwide to create innovative programs that seamlessly integrate Tilleds cutting-edge technology with our partners vast distribution channels. "Ive been a part of the Tilled journey since Day 0, and to see major partnerships including North, Handpoint, and others coming to the table to join us is incredibly rewarding," says John Wallington, co-founder and Managing Partner at UPC Capital Ventures — to be read in your best British accent. Designed with flexibility, customization, and developers in mind, Tilleds easy-to-integrate APIs and SDKs provide everything software companies need to launch a white-label payments experience without the complexity, cost, or compliance burdens of becoming a fully registered PayFac.
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