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Volante raises $66M for payments tech for banks and other legacy financial businesses

Volante raises $66M for payments tech for banks and other legacy financial businesses

a year ago
Anonymous $Wk0x7O2ZQM

https://techcrunch.com/2023/11/07/volante-raises-66m-for-payments-tech-for-banks-and-other-legacy-financial-businesses/

“Digital transformation” among enterprises hasn’t happened with quite the gusto that people predicted it would a few years ago. But today, a startup building fintech technology — for businesses to modernize legacy financial services like payments — is announcing a decent round of funding, a sign of how change is coming, even if slowly.

Volante Technologies — whose low-code cloud payments services are currently used by some 150 major banks and other organizations providing financial services — has raised $66 million in funding. Sixth Street Growth, the growth stage division of the investment firm, led the round, with Wavecrest Growth Partners and Wells Fargo Strategic Capital also participating.

Volante raises $66M for payments tech for banks and other legacy financial businesses

Nov 7, 2023, 2:17pm UTC
https://techcrunch.com/2023/11/07/volante-raises-66m-for-payments-tech-for-banks-and-other-legacy-financial-businesses/ > “Digital transformation” among enterprises hasn’t happened with quite the gusto that people predicted it would a few years ago. But today, a startup building fintech technology — for businesses to modernize legacy financial services like payments — is announcing a decent round of funding, a sign of how change is coming, even if slowly. > Volante Technologies — whose low-code cloud payments services are currently used by some 150 major banks and other organizations providing financial services — has raised $66 million in funding. Sixth Street Growth, the growth stage division of the investment firm, led the round, with Wavecrest Growth Partners and Wells Fargo Strategic Capital also participating.