Paytrix, a London, UK-based embedded payments company for vertical software platforms, raised £5m in funding.
The round was led by Hambro Perks, with participation from Bain Capital Ventures, Fin VC, Better Tomorrow Ventures, The Fintech Fund, among other angels.
The company intends to use the funds to expand operations and its business reach.
Led by Aran Brown, Paytrix is building a regulated payments curation layer, embedding financial infrastructure in one ecosystem. It allows users to consolidate multiple providers, contracts, and relationships into one curation layer where they can be sure of best in class coverage, real-time access, optimised economics, and intelligent routing. The company offers Payment Acceptance, Banking-as-a-Service and Real-time Payout solutions to marketplaces, eCommerce, Web 3 and gig economy players.
FinSMEs
20/10/2022