Primer Raises $100M Series C

Primer, a London-based unified payments infrastructure provider, has raised $100M in a Series C funding round, bringing its total funding to approximately $170M. Founded by former PayPal and Braintree executives, the company provides a comprehensive layer that integrates disparate payment stacks to enable AI-driven payment intelligence.

Investors

The round was led by Sofina, with participation from Peak XV Partners and existing investors including Balderton, Accel, ICONIQ, Tencent, and Speedinvest.

Primer Use of Funds

The company plans to use the new capital to scale its sales, engineering, and customer success teams in the United States, which is expected to represent over a third of its business by 2028.

About Primer

Founded in 2020 by Gabriel Le Roux and Paul Anthony, Primer offers a unified infrastructure layer for payments and finance teams. Its platform enables merchants to orchestrate processors, fraud tools, and payout rails through a single integration, providing complete transaction context for automated decision-making and AI-driven optimization.

Funding Details

Company Website: https://primer.io

Company: Primer
Raised: $100M
Round: Series C
Funding Date: May 2026
Lead Investor: Sofina
Additional Investors: Peak XV Partners, Balderton, Accel, ICONIQ, Tencent, Speedinvest
Company Website: https://primer.io
Software Category: Fintech
Source: https://fintechmagazine.com/news/primer-unifying-payments-data-so-ai-can-optimise-checkouts