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Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A

Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A

3 years ago
Anonymous $RGO3jP_V_c

https://techcrunch.com/2020/11/29/primed-for-accel/

Primer, the U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The round was led by Accel, who I understand were quite proactive in persuading Primer to take the VC firm’s money.

The young company wasn’t actively fund-raising, having quietly raised £3.8 million in funding announced in May. Instead, the team was heads down building out the product and wooing potential customers by holding technical workshops and in-depth interviews over Zoom with 100 merchants — activity that didn’t go unnoticed.