Announced
Completed
Financials
Sources
Tags
United States
Acquisition
Friendly
Private Equity
Private
payment services
settlement providence
Domestic
Venture Capital
financial services
FinTech
Minority
Completed
Synopsis
Oak HC/FT, a venture and growth equity investment firm, led a $300m Series D funding round in Paxos, a financial institution and technology company. The round had participation from investors Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures, WestCap and more. “Demand for our enterprise solutions has accelerated much faster than we could have anticipated. It validates our approach to providing the most innovative and regulated enterprise solutions to replatform the financial system and create the digital economy of the future," Charles Cascarilla, Paxos CEO and Co-Founder.
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