Sunday, February 28, 2021

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

  • 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

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