Eurazeo, Sprints Capital and Wellington Management, three investment companies, completed a $180m investment in PPRO, a provider of local payments infrastructure, valuing the company at c.$1bn. “I am very proud of what the PPRO team has accomplished. Beyond securing the support of such prestigious investors and achieving a milestone valuation, we’ve enabled our customers to grow at record numbers during what has been a tough time for many. By giving businesses the ability to offer payment choice, we’ve helped give people around the world better access to goods and services that improve their lives,” Simon Black, PPRO CEO.