Tech Company Financing Transactions
Paystone Funding Round
Paystone, based in London ON, secured $54.5 million in investment from Canadian Business Growth Fund and National Bank of Canada.
Transaction Overview
Company Name
Announced On
1/22/2021
Transaction Type
Venture Equity
Amount
$54,500,000
Round
Undisclosed
Investors
Canadian Business Growth Fund (George Rossolatos)
Proceeds Purpose
The funding will be used to fuel the startup's organic growth strategy through new hires, as well as its inorganic growth strategy, which is based primarily on making acquisitions.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3200 Wonderland Rd. S.
London ON, N6L 1A6
Canada
London ON, N6L 1A6
Canada
Phone
Website
Email Address
Overview
Our payment, loyalty, gift card, and customer engagement solutions are used at over 25,000 business locations across North America, including Aldo, The Source, and 50 of the MTY Food Group's restaurant brands. Paystone's seamless product suite transforms everyday transactions into meaningful customer interactions and opportunities for growth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tarique Al-Ansari
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