Highnote Secures $90M in Series B Funding to Launch Revolutionary Unified Payment Platform

Highnote Secures $90M in Series B Funding to Launch Revolutionary Unified Payment Platform

Highnote has successfully secured US$90 million in a Series B funding round, spearheaded by Adams Street Partners. This significant investment also saw participation from existing investors, including Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners. With this funding boost, Highnote is set to revolutionize payment processing through its innovative acquiring solution.

Introducing Highnote’s New Acquiring Solution

The newly launched acquiring solution enables businesses to accept and process payments seamlessly on the same platform where they issue cards. This integration streamlines financial transactions, resulting in significant time and cost savings for businesses.

Key Features of Highnote’s Acquiring Solution

  • Unified System: A centralized ledger simplifies transaction management.
  • Online Payment Acceptance: Companies can use plug-and-play tools or custom integrations.
  • Direct Connections: Built by the team behind Braintree, it connects with major payment networks.
  • Improved Transparency: Enhanced data access and reduced costs.
  • Certification: Approved by major US card brands, catering to both small businesses and large enterprises.

CEO’s Vision for Highnote

John MacIlwaine, the CEO of Highnote, emphasized the importance of this funding and the company’s expansion into acquiring, stating, “This funding and our move into acquiring are key steps for us. Our platform helps businesses grow by offering both payment acceptance and card issuing in one place.”

Supporting Businesses of All Sizes

With the recent funding and the launch of its all-in-one platform, Highnote is poised to support a diverse range of businesses—from startups to established enterprises—with scalable and efficient payment solutions.

For more information on Highnote and its innovative payment solutions, visit Highnote’s official website.

If you’re interested in exploring more about payment processing solutions, check out our articles on Payment Processing Tips and Fintech Innovations.

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