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PPRO: Raises $180M in Funding; Valued Over $1 Billion

January 21, 2021

PPRO, a London, UK-based global provider of local payments infrastructure, raised over US $180m in new funding
Investors also included Eurazeo Growth, Sprints Capital, and Wellington Management
This round came six months after the company raised US $50 million from Sprints Capital as well as Citi Ventures and HPE Growth
The funding will accelerate PPRO’s continued global expansion and support the development of its border-free payment technology and services
PPRO provides a cross-border payments infrastructure, powering international growth for payment service providers and platforms
The company regulated in the UK by the FCA and in Luxembourg by the CSSF