Announced
Completed
Financials
Sources
Tags
United States
Acquisition
Friendly
Payments / Commerce
Completed
Minority
Private
Venture Capital
payments platform
Private Equity
Domestic
Synopsis
Three investment firms GSV, HarbourVest Partners and Blue Star Innovation led a $245m funding round in Stax, an all-in-one payments platform. “Stax is a rapidly-growing company that is changing the way businesses conduct and scale their payments, which is why we chose to invest in them. The Covid-19 pandemic escalated the need for dynamic, flexible and digital payment options all the way from small businesses to enterprise organizations and the software vendors that serve them. Fintech is rapidly evolving, and Stax is adapting just as quickly, ensuring their customers can do the same," Rob Wechsler, Blue Star Founder and CEO.
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