USA – Plastiq, a San Francisco, CA-based intelligent payments solution for small business, closed a $75m Series D funding.
The round, which brought the total funding secured to date to more than $140m, was led by B Capital Group, with participation from previous investors Kleiner Perkins, Khosla Ventures, Accomplice and Top Tier Capital Partners. The company intends to use the funds to rollout its offerings across the SMB market. Led by Eliot Buchanan, CEO and co-founder, Plastiq enables SMBs to use their credit cards for virtually any expense, even where credit cards aren’t accepted, so they can maximize the working capital they already have while also conserving cash during periods of economic uncertainty. 26/03/2020
