Apexx Global, a platform for coordinating payments, has raised $25 million from both old and new investors to close its Series B round.
Apexx got the money from investors in Europe. MMC Ventures has been supporting the company since 2017, and Alliance Ventures and Forward Partners increased their investments after taking part in the last round.
Apexx was started in 2016. It combines acquirers, gateways, shopping carts, alternative payment methods, and now BNPL products into a single API connection. This makes it easier for merchants to offer a one-stop shop for payments from customers.
The company has more than 120 integrated partners and many enterprise clients, such as ASOS, eShopWorld, Ryanair, XE.com, Swoon, and AirSeychelles.
Peter Keenan, co-founder and CEO of Apexx, says that the new money will be used to improve Apexx’s products and technology and grow its business in North America.
“We‘ve seen strong growth across international markets, delivering significant cost savings and transaction conversion benefits,” he says. “We look forward to using these funds to further consolidate our position in driving the future of global payments.”
