Paddle Secures $25M for Global Expansion & Growth

Paddle Secures $25M for Global Expansion & Growth

Paddle, the UK-based payments infrastructure company, has secured $25 million in debt financing from CIBC Innovation Banking, bringing its total funding to $318 million. This latest investment follows a substantial $293 million round in 2022, underscoring the company’s rapid growth and strategic ambitions. The funds will be directed towards global expansion, product development… Source

Paddle Raises $25 Million for Payments Infrastructure

Paddle raised $25 million in debt financing to support global expansion, product development, and executive growth. The funds, which come from CIBC Innovation Banking, bring Paddle’s total funding to $318 million. Along with the investment announcement, Paddle also unveiled new hires and plans to open an office in Austin. Payments infrastructure company Paddle announced this week it has raised $25 million in debt financing from CIBC Innovation B…

Merchant of record Paddle raises $25m to fuel expansion

Paddle secures $25m to boost its SaaS payment platform and expand globally. Discover what’s next for the MoR leader

Fintech Paddle secures £18.6m of funding from CIBC

UK fintech Paddle has secured $25m (£18.6m) of funding from CIBC Innovation Banking to fuel its international expansion plans. The Merchant of Record services provider is preparing for a period of significant growth with a handful of executive hires made and upcoming plans to open an office in Austin, Texas. The new funding comes three years after the fintech’s $200m (£149m) Series D round that included investment from Notion Capital, KKR and ot…

Paddle Raises $25m to Accelerate Growth and International Expansion

Paddle funding of $25M has been announced to fuel the company’s global growth and product innovation. This Merchant of Record funding will help Paddle grow its business, improve its products, and meet the growing needs of SaaS and AI companies. Paddle, the leading Merchant of Record for digital product companies globally, announced it has raised $25M from CIBC Innovation Banking and noted a series of other strategic updates including key executi…

Merchant of Record Firm Paddle Raises $25 Million to Fund Expansion

Paddle, a merchant of record (MoR) for digital product companies, has raised $25 million to finance its global expansion and product growth.