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August 8, 2022
Finance Technologies

Volante lands $35m, its first capital raise in two decades

Volante, a New York-based payment-as-a-service (PaaS) fintech, has decided to raise outside capital for the first time in nearly 20 years. Profitable for the majority of this period, Volante wants to turbocharge its offering, customer base and geographical presence. Volante wants to take on the Asia-Pacific region The cloud provider landed $35 million in a funding round led by Wavecrest, a Boston-based investor. The round also saw strategic participation from a string of heavyweights including Visa Ventures, Poste Italiane – Italy’s main postal service provider, Citi Ventures, and BNY Mellon. Growth in the payments industry The global PaaS market was…
Volante lands m, its first capital raise in two decades

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