Plastiq Closes $6M Series A Financing

Plastiq, a Boston, MA-based online payments solution provider, closed a $6m Series A financing.

The round was jointly led by Atlas Venture and Flybridge Capital Partners, with participation from existing investors NextView Ventures and Greenoaks Capital Management LLC, and angel investors Harvey Golub, former Chairman and CEO of American Express.

Co-Founded by Eliot Buchanan, CEO, and Dan Choi, COO, Plastiq provides an online platform that allows consumers to use their credit cards for payments from internet-enabled devices. Plastiq charges them a nominal fee for each transaction, which is historically charged to the merchant, for the added flexibility to strategically use their preferred credit cards.

The company also operates offices in Toronto, Canada.



Join the discussion