Oak HC/FT led a $300m Series D funding round in Paxos.

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.