Paystand Raises $50M

Leader in B2B DeFi leverages blockchain to automate the entire cash cycle for mid-market and enterprise customers, making B2B payments cashless, feeless, and frictionless. Paystand, the blockchain-enabled payment network for business, today announced its $50 million Series C round of funding led by NewView Capital with participation from SoftBank’s Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital. This new round nearly doubles the funding Paystand raised in prior rounds and reflects the company’s triple-digit growth...

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