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The funding round was led by TCV, with participation from Tiger Global and Arena Holdings, as well as existing investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners. The new funding brings the company’s valuation to $2.07 billion (€1.7 billion) and it plans to use the new capital to double its workforce and extend its operations into new markets such as Brazil, Japan and the US.
Payments aggregator Primer has announced that it has received £14 million ($18.6 million) in funding in a Series A round led by Accel. This latest investment comes just weeks after the launch of Primer’s platform and brings the company’s fundraising total to $23.8 million. Primer has said that it will use the funding for business development and to scale its products and engineering organisation.