PPRO raises $180M in investment round

PPRO Financial Ltd. secured more than $180 million in new investment.

Eurazeo Growth, Sprints Capital Management Ltd. and Wellington Management Group LLP participated in the fundraising activity. Eurazeo SE said it invested €55 million in the e-payments company through Eurazeo Growth.

The funding will be used to support PPRO's global expansion and development of border-free payment technology services.

Based in London, PPRO offers a payments infrastructure platform that allows customers and their underlying merchants to access more than 150 alternative payment methods.

Financial Technology Partners served as PPRO's financial adviser and Noerr gave legal advice.