Till Payments secures $70 Million in Series D funding
Till Payments (Till), global payments disruptor, announced today that it has raised $70 million (AUD) in its most recent Series D funding round.
Shadi Haddad, CEO of Till, is grateful for the support from our investors in bringing a successful close to the funding round. With a fresh focus on sustainable growth and fast-tracking profitability, Till is poised for an exciting new chapter, commencing with the immediate launch of Till’s new Core Acquiring Platform, allowing Till direct access to the Payment Networks globally.
Till has seen an 300% increase in transaction volumes and an 200% increase in its merchant base over the past 12 months. Its solutions enable merchants to accept payments from all mainstream and emerging payment methods via a single partner, while providing fast, secure and all-in-one payment processing for all transactions.
Till is well-positioned to capitalise on the growing demand for innovative payment solutions and will continue to deliver value to its customers while driving sustainable growth. Till has recently welcomed Australian Payments Plus (EFTPOS), AliPay and WeChatPay to its already broad network of payment instruments, extending its value proposition to customers across the globe.
“Till’s existing investors have demonstrated their confidence in our plans for the company and our renewed and prudent approach to governance,” said non-executive director, Matt Davey.
“We look forward to delivering strong organic growth underwritten by a disciplined approach to operations. Our technology is world class and a credit to our innovative and dedicated team members and we expect to continue to delight both current and future customers” he added.
Lead investor, Silva Fortune, is confident in the company’s ability to continue providing exceptional payment solutions to its customers.
“As a long-time investor and customer of Till Payments, we have seen firsthand the unwavering commitment the company has to its merchants and to delivering exceptional payment products and services,” said Theo Koundouris, Director at Silva Fortune.
“It’s exciting to be a part of Till Payments’ next phase of growth, as the company continues to innovate and disrupt the payment industry. Till is a dynamic and forward-thinking company that is blazing a trail for new and exciting payment products and services. We have every confidence that Till will continue to lead the way in delivering value to its customers and driving growth in the years ahead.” He added.