Aeropay, a Paytech Startup, Secures $20M in Series B Funding
For Platform Expansion and Partnerships
San Francisco, CA – January 12, 2023
Aeropay, a leading paytech startup, has successfully closed a $20 million Series B funding round. The investment was led by Silicon Valley venture capital firm, Sequoia Capital, with participation from existing investors such as Accel and Ribbit Capital.
Platform Expansion
Aeropay will allocate the funds primarily towards platform expansion and development. The startup aims to enhance its existing offerings and introduce new features to cater to the growing needs of its customers.
Partnerships and Integrations
The funding will also fuel Aeropay’s partnership strategy. The startup plans to collaborate with leading financial institutions and technology companies to provide seamless payment solutions for businesses and consumers.
Market Growth
Aeropay’s focus on platform expansion and partnerships aligns with the rapidly growing paytech industry. The global paytech market is expected to reach $1.8 trillion by 2030, driven by the increasing adoption of digital payments, mobile banking, and e-commerce.
About Aeropay
Aeropay is a next-generation paytech startup that provides innovative payment solutions to businesses and consumers. The company’s platform enables seamless payments, instant transfers, and digital wallet services.
About Sequoia Capital
Sequoia Capital is a world-renowned venture capital firm known for its early investments in leading technology companies such as Google, Apple, and Paypal.
Kind regards
N. Bauer
