BillingPlatform lands $90m growth equity investment from FTV Capital

  • BillingPlatform secures a $90 million growth equity investment from FTV Capital.
  • FTV Capital’s Kyle Griswold and Richard Liu to join BillingPlatform’s board of directors as part of the investment.
  • The Colorado-based enterprise plans to use the funding to accelerate innovation, product development, and go-to-market expansion.
  • BillingPlatform boasts a three-year revenue growth rate of 296%.
  • CEO Dennis Wall emphasizes that the partnership provides financial and strategic resources for customer support and ambitious growth goals.
  • The company’s cloud-based billing and revenue management solution targets industries like technology, financial services, media, entertainment, logistics, and communications.
  • BillingPlatform has raised a total of $104 million, including a $10 million investment in its Series B round in December 2019.
  • The company has established notable partnerships across the financial services industry, including collaborations with JP Morgan Payments, Juniper Square, and Dext.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...