London, UK – APEXX Global, the innovative Payments-as-a-Service platform, announced today that it has closed a $25 million Series B funding round. The round was led by MMC Ventures and Forward Partners, with participation from other strategic investors.
Founded by Peter Keenan, APEXX is an integrated platform combining all of the world’s acquirers, gateways, shopping carts, and Alternative Payment Methods into a single integration. APEXX consults its enterprise-level customers to consolidate their global Payment Service Provider relationships and display all their reporting and transactional data in a single interface. It also integrates additional services such as EPOS systems, VAT calculation tools, AML management services, banking services, Foreign Exchange platforms, and Fraud & Chargeback management software.
"We are thrilled to have secured this funding from our two leading investors," said Peter Keenan, founder of APEXX Global. "The funds raised will enable us to accelerate our growth as we expand our product offering to create an even more comprehensive payments solution for our customers."