Transactis Raises $8.2 Million of Series C Funding
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New York, New York – Transactis, an electronic billing and payment solutions provider for top corporations and agencies has raised $8.5 million of series C funding from MacAndrews & Forbes Holdings Inc., Harland Financial Solutions.
“This investment helps Transactis continue our rapid growth as we serve the vast small and middle-markets through our bank and non-bank partners,” comments Joe Proto, CEO & Chairman of Transactis. “MacAndrews & Forbes has expertise throughout its history in the financial services industry and through its portfolio companies, Harland Clarke and Harland Financial Solutions, which are trusted partners to financial institutions. This expertise will prove an important resource to Transactis as we continue to capitalize on strategic opportunities with financial institutions of all sizes.”
The company previously received funding from Starvest Ventures and metamorphic ventures.
Funding Total: $8,200,000
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|Investors: MacAndrews & Forbes Holdings, Harland Financial Solutions|