Primer Raises $100M Series C to Bring AI to Every Payment and Accelerate US Expansion
15 Articles
15 Articles
14:32 Boël holding company Sofina is leading a $100 million (€86 million) capital round at Primer. The fintech company is developing a uniform IT infrastructure for payments. The negotiations...
Over the last decade, European fintech has mainly sought to reinvent the user experience of finance. New banks, corporate cards, payment applications or integrated banking services: the battle was played out in the interface, fluidity and disintermediation of historical actors. A new generation of companies is now emerging with a radically different logic. ... Article With 86 million euros, PRIMER embodies the new generation of European fintech …
London fintech Primer raises $100M to wire AI into the global payments stack
London fintech Primer raises an oversubscribed $100m Series C led by Sofina, totalling $170m in funding. Funds will expand AI agent Primer Companion and drive US growth. US revenue, currently one-fifth of the total, is targeted to exceed one-third by 2028. Primer, the London-based payments infrastructure company, has closed a $100 million Series C funding round, taking its total capital raised to $170 million. The round was oversubscribed and le…
UK payments startup Primer raises €86.2 million Series C to expand AI capabilities and accelerate US growth
Primer, a London-based payments infrastructure startup, today announced a €86.2 million ($100 million) Series C funding round to accelerate its investment in AI for payments and finance teams and to drive its expansion in the US. The round was led by Sofina, with participation from Peak XV Partners and continued backing from all existing investors, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest. It has raised a total of €146.6 mil…
Primer Lands 100M USD Series C to Scale AI Payments in the US
Primer announces on May 20th, a USD 100 million Series C funding round, as it continues to build the AI-enabled operating layer for global payments and finance. The round is led by Sofina, with participation from Peak XV Partners, and continued backing from all existing investors, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest. You can’t build intelligent payments on fragmented data: AI is only as good as the data it runs on. In pa…
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