Payments infrastructure startup Primer has raised $100 million in a Series C funding round led by Sofina, as the company bets that artificial intelligence will fundamentally reshape how enterprises manage payments and financial operations.The round also saw participation from Peak XV Partners and existing investors including Accel, Tencent, ICONIQ Capital, Balderton Capital, and Speedinvest.The company said the fresh capital will be used to accelerate development of its AI-powered payments products and expand aggressively in the US market, which it expects will contribute more than a third of overall revenue by 2028.Founded in 2020 by former executives from PayPal and Braintree, Primer positions itself as a unified infrastructure layer for enterprise payments, helping merchants consolidate fragmented payment processors, fraud tools and…
India Business and Economic Context
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Key Points at a Glance
- International amount: $100
- Originally reported by leading Indian financial media
- Relevant for entrepreneurs, MSMEs, investors, and business professionals
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Source & Further Reading
This news report was originally published by YourStory on Wed, 20 May 2026.
📰 Read the full original story: yourstory.com — Full Article ↗
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