Fattmerchant, an Atlanta, GA- and Orlando, Fla.-based payment technology provider, closed a $10.5m Series C funding round.
The round was led by Atlanta-based Fulcrum Equity Partners.
The company intends to use the funds to develop its technology platform and create 50+ jobs in the next 18 months.
Founded in 2014 by Suneera Madhani, CEO, and Sal Rehmetullah, President, Fattmerchant provides an integrated payments platform to businesses across the United States. The card-present and card-not-present solution is housed under a single application programming interface (API) that allows business owners to understand the health of their business under one dashboard, one merchant account, one subscription and one unified platform. It also integrates natively into QuickBooks
Business owners also have access to data analytics, additional business tools and a completely synced experience across all of its many devices.