Tilled, a Boulder, CO-based startup that provides PayFac-as-a-Service solutions, raised $12.5M in funding.
The round was led by Canvas Ventures and UPC Capital Ventures.
The company intends to use the funds to improve sales and marketing to support its growth, currently experiencing 550%+ YoY revenue growth.
Led by CEO and Founder Caleb Avery, Tilled offers an embedded payments solution through PayFac-as-a-Service, enabling software companies to accelerate their time to market, unlock new revenue opportunities. Designed with flexibility, customization, and developers in mind, Tilled’s easy-to-integrate APIs and SDKs provide everything software companies need to launch a white-label payments experience without the complexity, cost, or compliance burdens of becoming a fully registered PayFac.
Tilled is also announcing a new partnership with Handpoint to expand its card-present offerings, including dozens of terminal options available in the United States and Canada.
FinSMEs
29/10/2024