AI for payments: how Primer raised €86 million
London startup Primer has raised €86 million in a Series C round to expand its AI-based payments platform. The company plans to significantly grow its presence in the US, where revenue is expected to account for one-third of total company revenue by 2028. The funds will go toward hiring talent and developing autonomous financial solutions.
AI-processed from TNW; edited by Hamidun News
Payments startup Primer has raised €86.2 million in a Series C round to expand its platform, which uses AI for payments and financial solutions.
How does AI help automate payments?
Primer's system manages payments automatically, complying with the requirements of different regions and payment systems, which reduces errors and saves accounting teams time.
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