Primer secures $100M Series C to fuel US expansion and autonomous AI payments
Primer, a London-based payment startup, has announced a €86.2 million Series C funding round to expand its AI payments and finance platform. The capital will also support its market development in the US, where the company plans to grow revenue to more than a third of total revenue by 2028, supported by plans to hire up to 50 roles in the region.
Primer is a financial technology company that provides a unified payment infrastructure, enabling companies to optimize and control every step of the payment journey.
The platform offers complete visibility and control across the entire payment operations system, integrating payment orchestration, reconciliation, security, FX, and financial operations services into a single open layer.
The company was built to solve a persistent problem: businesses having to rely on multiple fragmented providers and tools throughout the payment journey. Currently, the platform covers the merchant’s entire payment lifecycle, recording over...
Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE
