Technology

SimplyPayMe, Award-Winning Payment & Business Management Firm, Secures Nearly $4 Million in Series A Funding

The award-winning global payments company, SimplyPayMe, is pleased to announce that it has raised nearly $4 million in growth capital to capitalize on existing and new opportunities in both the European and European markets. North America.

Over the past two years, SPM has built, integrated, and launched its award-winning platform and has garnered attention and interest from some of the world’s largest financial institutions.

Through building deep relationships with Mastercard and other key partners, SimplyPayMe has been able to create a fully integrated payments ecosystem that allows small businesses to run their businesses. and get paid, all from a single app. Through integration with Paysafe (US) and DNA Payments (UK), the App can serve SMEs on both sides of the Atlantic and provide appropriate support for this underserved sector where Payments are still difficult and cash is often the only alternative.

SPM will work with banks and other organizations globally to enable them to better support and deliver value to their SME businesses with comprehensive end-to-end integration. This financial ecosystem will help enable and introduce SMEs around the world to products and services that were previously only accessible to large companies and corporations. enabling them to contribute to the global drive to be more financially inclusive.

SimplyPayMe kicks off 2022 on a positive note with a growing number of active users, an ever-evolving system, and late-stage discussions with several new channels and merchant partners.

SimplyPayMe CEO, Kent Vorland, commented: ‘We are delighted to have secured such a substantial level of funding to fund SimplyPayMe’s continued global expansion. It is the result of the Team’s hard work and commercial progress over the past two years, and we are extremely proud of the dedication and effort that all of our team members have been able to. present to achieve this result.

‘2021 has been a strong year for SimplyPayMe and we have managed to start operations in 2022 with new and significant partnerships, and with the continued support of our shareholders, we wish to diversify the services/tools that we provide to our customers. and establishes our position as the right platform for SMEs to manage their business while continuing to provide a best-in-class payment experience. ‘

Principal investor, Tom Brudenell-Bruce adds: ‘I see great potential in SimplyPayMe, their accomplishments over the past year speak for themselves and instill confidence in not only SimplyPayMe’s team but also in their vision. The SME management and payments space is the space that SimplyPayMe is conquering and making a name for, and I am enthusiastic about their expansion into new areas. I’m looking forward to seeing what the future holds. ‘

https://techround.co.uk/news/simplypayme-award-winning-payments-business-management-company-secures-nearly-4m-in-growth-capital/?utm_source=rss&utm_medium=rss&utm_campaign=simplypayme-award-winning-payments-business-management-company-secures-nearly-4m-in-growth-capital SimplyPayMe, Award-Winning Payment & Business Management Firm, Secures Nearly $4 Million in Series A Funding

Fry Electronics Team

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