Payments FinTech Primer has raised $14mn in its Series A funding round.
In Brief:
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Primer aims to help merchants consolidate their payments stack.
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This enables them to support additional payment methods as needed.
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The funding round was led by Accel.
What does this mean?
While many businesses, especially at an early stage, have been struggling to close deals over the past few months, TechCrunch’s Steve O’Hear reports that Accel “were quite proactive in persuading Primer to take the VC firm’s money”. The round follows a raise of £3.8mn just a few months ago.
