back Back

Till Payments secures $70m in Series D funding 

By Leandra Monteiro

March 09, 2023

  • 70 Million
  • Australia
  • Core Acquiring Platform
Share

Till, Till PaymentsTill Payments announced that it has raised $70 million (AUD) in its most recent Series D funding round led by Silva Fortune.

Shadi Haddad, CEO of Till Payments said, “We are 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 a 300% increase in transaction volumes and a 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’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.

“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.

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.

Previous Article

March 08, 2023

Weavr acquires Comma to combine Embedded Finance & Open Banking

Read More
Next Article

March 09, 2023

Verto unveils refreshed website for cross-border payment solutions

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

70 Million

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Today

Worldline partners with Google to enhance cloud-based innovation

Read More

Today

Tiqmo partners with Mastercard to issue prepaid cards in Saudi Arabia

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023