Paystone Closes $69 Million Financing Round | Paystone

Funding Rounds

Summary

LONDON, ONTARIO & MONTREAL, QUEBEC, January 21, 2021 - Paystone, a leading payments and integrated software company, announces the closing of $69 million in strategic financing from Canadian Business Growth Fund (CBGF) and National Bank of Canada. “The positive business impacts we experienced amidst the pandemic showed us that digital consumers, and the technology to support every step of the customer engagement journey, is critical for merchants,” says Al-Ansari. « La croissance interne de Paystone est impressionnante et soutenue par une stratégie d’acquisition ambitieuse », affirme George Rossolatos, PDG du CBGF. Ensemble, elles traitent annuellement des transactions par carte bancaire dépassant les 10 milliards de dollars. Suivez ses activités au bnc.ca ou par l’entremise de réseaux sociaux comme Facebook, LinkedIn et Twitter.

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Amount $54.6M Total raised
Date January 21, 2021 Announcement date
Investors Canadian Business Growth Fund, The Globe and Mail, National Bank of Canada, Canadian Business, Banque Nationale Lead investors
Company https://www.paystone.com/ Funded company

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industries
Fintech & Banking
applications
Accounting and Taxes

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