PaySimple, a Denver, CO-based provider of accounts receivable automation solutions for small businesses, has closed a $16m financing.
The round was led by Susquehanna Growth Equity, LLC.
In conjunction with the investment, Amir Goldman of SGE, will be joining the company’s board of directors.
Led by CEO Eric Remer, PaySimple, PaySimple provides small-to-mid-sized businesses with a Software as a Service (SaaS) platform that enables small businesses to bill, collect, and manage their customer payments. The company’s solution includes recurring billing, email invoicing, ACH direct-debit, credit card processing, echeck processing, online payments, etc.