AeroPay: Flies high on $5 million venture round

March 16, 2021

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AeroPay: Flies high on $5 million venture round

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Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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