visimoney
TLDR:
- PPRO secures €85m in funding to expand global payment solutions
- New funds will be used to enhance local payment methods network and global footprint
PPRO has successfully completed a dual tranche funding round, raising €85m from new and existing investors such as Eurazeo, HPE Growth, PayPal Ventures, and J.P. Morgan. Specializing in digital payment solutions for businesses and banks, PPRO aims to scale local payment offerings efficiently through a single integration. The company plans to use the funds to strategically invest in key markets, expand its global footprint, and enhance its network of local payment methods. PPRO’s Chief Financial Officer, Rahul Raswant, noted the company’s exceptional growth in 2023 and expressed confidence in its future prospects. This funding represents a vote of confidence in PPRO’s ability to create seamless local payment experiences and access new markets.
