- PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year
- Due in part to a massive digital shift in e-commerce consumer behaviour, PPRO is now processing an annual run rate of USD 9bn
- Following their ongoing success company announces the closing of a USD 50 million financing round led by Sprints Capital
- Financial Technology Partners acted as exclusive financial advisor and Noerr as legal advisor to PPRO in this transaction
- PPRO will use the funds to scale the organisation and accelerate strategic growth plans for its global platform
- The majority of these new hires are positioned to strengthen PPRO’s three product development centres in Germany