Paystone Secures $69 Million As Company Chases Acquisitive Growth Strategy
Paystone, a London, Ontario and Montreal-based startup that offers customer engagement and payment processing software, has secured a $69 million CAD investment.
The financing consisted of both an equity investment and debt financing. With Paystone having already brought its products to market its CEO, Tarique Al-Ansari, classified the round as late-stage strategic financing. This brings the total funding to date for Paystone, which was founded in 2009, to approximately $100 million CAD.
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