11th Jun 2020

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.

“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. Said Peter Keenan, Co-founder and CEO at APEXX 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.”

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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