BankingBusiness

AeroPay: Flies high on $5 million venture round

  • AeroPay a Chicago-based digital payments platform powering bank transfer payments for businesses announced the closing of a $5+ million Venture Round
  • The round led by Chicago Ventures, a firm that leads investments in early-stage startups
  • The Chicago Ventures portfolio includes online financial services company M1 Finance
  • Other investors in the round include FinTech experts Continental Investors, who led AeroPay’s seed round, former Google executives
  • The funding support recruiting new talent, continued growth in the cannabis industry, and building out additional features of the product
  • AeroPay’s API-driven platform currently processes payments for hundreds of brick-and-mortar and eCommerce businesses including non-profits
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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