TD among investors in Transactis' $30 mln Series E financing
Canada's TD Bank Group was one of five commercial banks that invested in the Series E round of Transactis, a provider of electronic billing and payment solutions. TD, the other four banks, and Safeguard Scientifics each contributed an equal amount to the US$30 million round, which brings total funding of the New York-based Transactis to US$70 million. TD's Rick Burke said the investment "will help meet our customers' demand for leading electronic payment solutions across North America." Founded in 2001, Transactis is also backed by venture capital firms, including ff Venture Capital and Metamorphic Ventures.
19 April 2016•7 mins read
