Paymerang Featured in the Richmond Times-Dispatch

Paymerang was recently featured in the Richmond Times-Dispatch after receiving another capital investment to expand their workforce and products. The $10 million investment comes from Aldrich Capital Partners, a Bethesda, Md.-based private equity firm. Aldrich previously invested $26 million in Paymerang in 2018, helping the company add employees and office space. The new capital infusion…

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Global FinTech Series Interviews Paymerang CEO on Innovation in FinTech

In a recent interview with Global FinTech Series, Paymerang CEO Nasser Chanda discussed why FinTech companies need to keep innovating to address changing business needs and how automation is integral to the better functioning of finance teams. What are some of the biggest trends that you’ve followed as a FinTech executive over these years? One…

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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…

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Paymerang Launches Industry-Leading Invoice Automation Solution

Benefits include numerous efficiencies in accounts payable processes. Paymerang, a leader in accounts payable automation, has launched an innovative Invoice Automation Solution designed to help organizations gain efficiency, improve accuracy, enhance visibility, and eliminate paper in their accounting processes. Paymerang’s Invoice Automation Solution utilizes artificial intelligence to read captured invoices and extract data points which…

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