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Synopsis
Innoviti, an enterprise payments solution provider, raises Series C funding from FMO, a Netherlands-based bank, and Bessemer Venture Partners. Financial terms were not disclosed. “Digital payments can do far more for businesses than move money. The usefulness of vanilla terminals and QR stickers is limited as businesses demand more from payment solution providers, more intelligence, more reliability, and more savings. A key differentiator for us has been developing sophisticated technology and delivering it through simple, exceptionally crafted payment experiences," Rajeev Agrawal, Innoviti CEO.
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