Tech

London-based fintech startup PPRO receives $ 90 million investment

PPRO, which is an initiative that offers products and services that facilitate individual and larger payments, announced that it has received a new investment. Based on the information we have obtained, based in London PPRO, $ 90 million announced that it has received additional investment.

Last January $ 180 million By announcing that it has received a new investment, PPRO has received an additional investment of $ 90 million in addition to this investment. The size of the last investment round with the new investment received. Reached $ 270 million it happened. Your additional investment of $ 90 million JPMorgan Chase Y Eldridge Let’s add that it was made by. Investment of 180 million dollars Eurazeo Growth, Sprints Capital Y Wellington management Made by.

With the new investment of $ 90 million, the total investment that the PPRO initiative has received so far has reached $ 370 million. With the investment of 180 million dollars from PPRO last January Valuing $ 1 billion Let’s also mention that it exceeds.

In 2016 Philipp Nieland Y Tobias Schreyer PPRO, which was founded by London in 2017, appeared at the Money 20/20 event. CEO of PPRO Simon Black From here to our interview with you can reach. PPRO’s core product is a product that enables e-commerce businesses to integrate with consumers to accept payments regardless of their preferred local currencies and methods. API. PPRO, which experienced significant growth in 2020, 60 percent also at a pace.

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