Tag: investors

PFs RunSignup and PayMongo Secure Fresh Funding

Despite the current economic uncertainty, payment facilitators are still attracting a lot of interest from investors.

SpotOn Announces $50 Million Fundraise

Small business software and payments provider SpotOn recently announced a $50 million series B funding round.

PF Investor Momentum: Great Hill Partners to Acquire VersaPay

When it comes to a payments model worth investing in, the payment facilitator model has more than established itself as a worthy contender in the global marketplace. Most recently, private equity firm Great Hill Partners has made an all-cash offer to acquire PF VersaPay Corporation.

Investors Lured by Hockey Stick Growth of Payment Facilitators

While most people outside the industry don’t know what a payment facilitator is by name, the process of simplifying merchant onboarding to allow merchants to quickly start accepting payments is a business model seeing increased interest from the venture capital community.

According to panelists at Payment Facilitator Day during the ETA’s TRANSACT 17 conference, the payment facilitator industry is still in the very early days, but there’s substantial interest both by software companies looking to follow the PF model and investors looking to funnel money into the model.