Fattmerchant, an Orlando, FL-based provider of a payment technology platform for businesses, raised $5.5m in additional funding.
Atlanta-based Fulcrum Equity Partners made the investment.
The company intends to use the funds for continued product and technological developments, marketing, and customer acquisition.
Co-founded by COO Sal Rehmetullah and CEO Suneera Madhani, Fattmerchant provides money saving subscription-based solutions featuring direct-cost pricing, analytics, and omni-channel integrated payments tools for businesses of all sizes across the nation to improve efficiency and save thousands on credit card processing costs.
The company also reached $1 billion in transactional volume.