Raises $1 Billion at $40 Billion Valuation is the company that builds up full-stack payments while acting as a gateway, an acquirer, a risk engine, and a payment processor. The company provides its customers with processing direct payments in their apps or sites.

In the Series D funding round such investors as Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund took part. Among existing investors were Blossom Capital, Coatue Management, DST Global, Endeavor Catalyst, and Ribbit Capital. With the funds raised, the company is going to hire people, launch more products, and attract new clients., UK-based, was founded by Guillaume Pousaz in 2012. As of now, the company has a team of 1700 workers in 19 countries. The company mainly focuses on the EMEA region; however, it is going to expand to the US market. “We’re looking to help our U.S. customers grow domestically and internationally, and to help our non-US customers expand into the market here,”’s CFO Céline Dufétel. Moreover, plans to support marketplaces this year. The company’s clients’ list includes Netflix, Farfetch, Grab, NetEase, Pizza Hut, and Shein.

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