Central Payments: Closes $30M Growth Equity Funding

Central Payments Closes $30M Growth Equity Funding

• Central Payments, a Sioux Falls, SD-based fintech solutions provider, completed a $30m growth equity raise
• The round was led by Castle Creek Capital with participation from Launchpad Capital
• The company intends to use the funds to continue to expand operations and its business reach
• CentralPayments provides payments technology and issuing solutions for fintech and embedded finance businesses
• The company’s Open*CP API Marketplace℠ is a banking-as-a-service payments platform with issuing capability embedded
• The company also operates Falls Fintech, its startup fintech accelerator and produces Fintech Brews & News, a podcast devoted to helping bridge the gap between banking, startups, and the entire fintech industry