APEXX secures $8 million Series A for ‘one-stop’ payments API

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11.06.20

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APEXX secures $8 million Series A for ‘one-stop’ payments API

We’re excited to be backing the team at APEXX again, following its seed round in 2017.

APEXX has closed its Series A funding round to drive the next stage of the company’s growth. This takes the total investment raised for the business to $12m.

MMC first backed the APEXX in its 2017 seed round. We’re excited to continue supporting the business alongside our friends at Forward Partners and Alliance Ventures.

Providing a partner-agnostic, transparent and integrated ‘one-stop solution’ for merchants, APEXX helps consumer-facing businesses increase transaction efficiency, helping to reduce costs and boost sales conversion rates.

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I’m delighted to announce that we have successfully closed our Series A funding round, with the continued participation from Forward Partners, MMC and Alliance Ventures alongside a new investor. This is a challenging time for many businesses, and it is fantastic to have continued validation of our mission to revolutionise the global payments industry for merchants.

PETER KEENANCEO & CO-FOUNDER, APEXX

The new investment will go to developing the software’s ‘next-generation payment-routing capability’, improving the experience for APEXX customers on the platform, and growing the team.

Read more on this story via Tech.eu

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