APEXX Global Raises $25 Million in Series B Funding
APEXX Global, a prominent provider of a payments orchestration platform, recently completed a successful funding round in which it raised an impressive $25 million through Series B financing. This funding round was led by multiple investors, including MMC Ventures, Alliance Ventures, and Forward Partners. Notably, Alan Morgan, Chairman and Co-Founder of MMC Ventures, will be joining APEXX's board as part of this investment. The additional capital will enable the company to enhance its product offerings and technological capabilities while also facilitating its expansion efforts in North America.
Founded in 2016 and currently under the leadership of CEO Peter Keenan, APEXX Global has established itself as a leading player in the payments sector.
The company offers a comprehensive payments platform that integrates a diverse range of services, including acquirers, gateways, shopping carts, and alternative payment methods. This all-encompassing marketplace is designed specifically for Enterprise and Tier 1 merchants, providing them with a one-stop solution that simplifies the complex landscape of digital transactions. APEXX is dedicated to creating a transparent and efficient system that handles the authorization, processing, and optimization of transactions, making it easier for businesses to manage their financial operations.
Throughout its journey, APEXX Global has built strong relationships with notable clients, including Ryanair, CarTrawler, and Avon, showcasing its ability to cater to major enterprises. In addition to its headquarters in London, UK, the company has expanded its footprint with offices in New York and India. APEXX’s agnostic approach to partnerships allows it to collaborate with a variety of solutions providers within the payments industry, which not only diversifies its offerings but also enhances its ability to meet the unique needs of its customers. As the company continues to grow and evolve, it is well-positioned to make significant strides in the payments landscape.
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