Payrix Payments Technology Lands Funding Round Led by Blue Star Innovation Partners and Providence Strategic Growth

Funding Rounds

Summary

We believe this partnership with Blue Star and Providence is the next step toward achieving that vision.” Co-founder and Chief Strategy Officer Benny Silberstein added, “Payrix has quickly become the go-to solution for technology platform payments. In each case, Blue Star applies its unique formula of mentorship and guidance from the Jones family and top executives in areas including operations, branding and go-to-market strategies. When combined with overall market excitement in the FinTech space, we are thrilled to be working with the Payrix team to accelerate its emergence as an industry leader,” said Rob Wechsler. By providing efficient, direct funding and a unique formula of mentorship, Blue Star helps steer highly creative entrepreneurs and operators towards success. Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value.

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Amount $22.0M Total raised
Date April 23, 2019 Announcement date
Investors Providence Equity Partners LLC Lead investors
Company http://www.payrix.com Funded company

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