Amaryllis Payment Solution, a West Palm Beach, FLA-based provider of a Payment Facilitation platform for financial institutions, software & SaaS companies, completed a $10 million Series B funding.
The round was led by FINTOP Capital and partner JAM FINTOP, an investment fund designed to help develop and accelerate technology adoption at community banks across the United States.
The funds will accelerate product development and expand its marketing and sales efforts.
Company: Amaryllis Payment Solutions, Inc.
Raise: $10.0M
Round: Series B
Funding Month: May 2022
Lead Investors: FINTOP Capital and partner, JAM FINTOP,
Additional Investors:
Company Website: https://www.amaryllispay.com/
Software Category: Payment Facilitation platform
About the Company: Amaryllis provides a Payment Facilitation Platform that is flexible, customizable, and designed for growth, so that financial institutions, software & SaaS companies can effortlessly go from kickoff to handoff and let Amaryllis platform do all the heavy lifting. With a vision to optimize the complex world of payments between buyers and sellers, Amaryllis has developed a payment engine to support platform models. Built from the ground up, our customized and modular solution solves the unique business needs of each acquirer or 3rd party payment model. Providing critical functionality such as instant boarding, split payments, payout management, reconciliation, and more.
Source: https://www.prweb.com/releases/amaryllis_payment_solutions_secures_10_million_series_b_investment_round_led_by_fintop_capital_and_jam_fintop/prweb18692088.htm