Battery Ventures to invest in Ascendant.

Battery Ventures, a global, technology-focused investment firm, agreed to invest in Ascendant, an international provider of cross-border business payment solutions and a financial technology company. Financial terms were not disclosed. “This announcement signifies a tremendous milestone for Ascendant as we continue to grow, innovate and achieve our vision as a global leader in international payments. Our partnership with Battery Ventures, one of the most high-profile investment firms in the industry with an extensive software and FinTech portfolio, will draw upon their capital and expertise to accelerate our ambitious growth plans and make the international payment process more efficient," Jason Mugford, Ascendant CEO.