Payment Technology Startup Dimebox Raises €5M in Funding

Dimebox_LogoDimebox, an Amsterdam, the Netherlands-based fintech startup, raised €5M in series A funding.

BillPro Group, a global payment processing organization, made the investment.

The company intends to use the funds to grow the business as well as to extend the platform capabilities.

Led by Raymundo Leefmans, CEO and co-founder, Dimebox has built a global acquiring solution, offering financial institutions (PSPs, acquirers, e-commerce platforms and APMs) a SaaS-based white-label full-service gateway to take control of all their payments, even providing tools to increase automation and reduce costs. The solution includes integrated risk management, A.I. based fraud protection tooling, chargeback automation and billing and settlement capabilities, as well as smart data analytics, machine learning and business intelligence features.

FinSMEs

02/03/2017

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