Posts Tagged ‘aldrich capital partners’
Paymerang Receives Additional $10M in Funding
AP Automation Leader to Accelerate Growth and Deliver Complete Finance Automation Suite Paymerang, a leader in accounts payable (AP) automation solutions, announced a second round of financing from Aldrich Capital Partners in the amount of $10M, which follows-up Aldrich Capital’s initial 2018 investment of $26M. Paymerang will use the new capital to expand sales and…
Read MoreRethinking Checks’ Role In B2B Payments Friction
Rethinking Checks’ Role In B2B Payments Friction Paymerang CEO, Nasser Chanda, recently spoke with PYMNTS about the evolution of B2B payments—in particular, the shift to electronic payments and the continuing role of traditional paper checks. Since our story began in 2010, we’ve had one simple goal in mind: to facilitate electronic supplier payments and make business payments…
Read MoreAldrich Capital Partners Invests $26 million in Paymerang
Today was a red-letter day at Paymerang! At a special event that included Virginia Governor Ralph Northam, we announced that Aldrich Capital Partners made a $26 million growth investment in our company. This investment will help us grow organically and through acquisitions in the Procure-to-Pay space. You can view the full press release here. Governor…
Read More