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More Than $1.16 billion Raised by Payments Companies in 2015

There’s never a dull moment in the payments space. In Q1 of 2015, the payments sector has attracted more than $1.16 billion in investments.

12 companies have raised more than $5.6 million in seed funding rounds, of which Bringhub has raised the highest amount with $2 million in its seed funding round.

Pantera Capital diversified its investments by investing in three companies including BitPesa in Kenya, Circle in Ireland and 21 Inc in the USA.

Affirm received the highest amount of capital with $ 275 million led by Lightspeed Venture Partners, Khosla Ventures, Andreessen Horowitz, Jefferies Group and Spark Capital.

Below is the detailed list of investments for all the 35 companies:

Affirm

Funding: $275 million in Series B funding

Investors: Lightspeed Venture Partners, Khosla Ventures, Andreessen Horowitz, Jefferies Group, Spark Capital

Country of Origin: USA

Affirm is a next generation financial services company which offers installment loans to consumers at the point of sale. Affirm enables people to take out simple loans and turn any purchase into a few monthly payments.

Final

Funding: $1 million in seed round

Investors: Y Combinator, T5 Capital, Ludlow Ventures

Country of Origin: USA

Final issues credit card that gives consumers total control over their merchant relationships.

Eligible

Funding: $2.6 million through venture capital funding

Investors: Novatron Ltd., QueensBridge Venture Partners, Fresco Capital, MetaLab, RTA Capital, Deerfield, Y Combinator

Country of Origin: USA

Eligible offers APIs for Healthcare Eligibility, Claims, and Payments.

Omise

Funding: $2.6 million in Series A funding

Investors: Sinar Mas Indonesia, True Incube, 500 Startups, Thai telco True Group, 500 Tuk Tuk, East Ve ...

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