SimplyPayMe (“SPM”), an award-winning payments and business management company, provides nearly $ 4 million in growth capital.
- The new loan will finance the continued development of SimplyPayMe in the European and North American markets and the growth of business management tools for users
- Validate SPM’s approach and goal of enabling small businesses and sole proprietors to run their business and get paid quickly, cheaply and easily
- SimplyPayMe is now in a strong position to support an underserved and under-represented market where the focus for the future will be on growing the company’s customer base and revenue
LONDON 17 March: Award-winning global payments company, Just pay meis pleased to announce that it has raised nearly $ 4 million in growth capital to capitalize on existing and new opportunities in both the European and North American markets.
Over the past two years, SPM has built, integrated and launched its award-winning platform and has attracted the attention and interest of some of the largest financial institutions in the world.
By building ingrained relationships with the likes of Mastercard and other key partners, SimplePayMe has been able to create a fully integrated payment ecosystem, which allows small businesses to run their businesses and get paid, all from a only application. Through integration with Paysafe (USA) and DNA Payments (UK), the App is able to serve SMEs on both sides of the Atlantic and adequately support this disadvantaged sector where getting payments remains difficult and cash is often the only alternative option.
SPM will work with banks and other institutions globally to enable them to better support and bring value to their SMEs with full end-to-end integration. This financial ecosystem will enable and introduce SMEs around the world to products and services previously accessible only to large corporations and corporations, while also enabling them to contribute to a global push for greater financial inclusion.
SimplyPayMe has started 2022 on a positive note with a growing number of active users, an ever-growing pipeline and late stage discussions with several new partners and commercial channels.
SimplyPayMe CEO Kent Vorland comments:
“We are delighted to have secured such a significant level of funding to fund SimplyPayMe’s continued global expansion. It is the result of the Team’s hard work and business progress over the past two years and we are immensely proud of the dedication and effort that all members have made. of our team have proven to achieve this.
‘2021 has been a strong year for SimplyPayMe and we have already managed to kick off 2022 with new and important partnerships and, with the continued support of our shareholders, we look forward to diversifying the services / tools we offer to our clients and establish our position as the go-to platform for SMEs to run their business while continuing to deliver a best-in-class payment experience. ‘
Lead investor Tom Brudenell-Bruce adds:
“I see huge potential in SimplyPayMe, their results over the past year speak for themselves and instill confidence not only in the SimplyPayMe team, but in their vision. The management and payments space of SMEs businesses is what SimplyPayMe is conquering and making a name for themselves internally, and I’m excited about their expansion into new areas. I can’t wait to see what the future holds. ”
SimplyPayMe is an award-winning global payments company whose mobile-based payment and business management solution is specifically designed and engineered to meet the growing needs of the disadvantaged SME community.
The product suite has been specially designed and engineered for this industry and enables seamless payment, billing and business management solutions, all via your smartphone. The mobile app is available in both Google and Apple app stores.
UK App Store Link:
US App Store Link:
SimplyPayMe Secures £ 3 Million Series A Investment – UK Technology Investment News
Source link SimplyPayMe Secures £ 3 Million Series A Investment – UK Technology Investment News