BridgerPay, a firm that claims to be the world’s first payments operation platform built to automate business payment flows, has launched its platform after a $6m seed round.
According to FinTech Finance, BridgerPay enables any business to autonomously connect their website to a PCI DSS Level 1 end-to-end payment operations platform with over 500 ready-made connections.
Through this single platform, merchants are able to leverage multi-provider payment processing to scale globally, rescue declined transactions and lower fees.
Through the BridgerPay platform, companies can set up in seconds a payment operations platform that is connected to its website through a ready-made plugin or a few mere lines of code.
BridgerPay – which is headquartered in Cyprus – is planning to open offices in the US, Australia and the United Arab Emirates going forward.
Bridgerpay CEO Ran Cohen said, “Growing organically and bootstrapped was not an easy task, but it allowed us to speak with thousands of merchants from many verticals and understand the payment challenges they were facing. Whenever we start building a new feature, the core idea of BridgerPay is to grow and develop from the merchants’ needs, not from some legacy notion about how payment operations should be; this is why our platform offers solutions that none of our competitors can.”
Cohen noted that BridgerPay used the $6m seed round to build the self-onboarding payment operations platform as well as recruit ‘world-class’ talent and scale its go-to-market strategy.
He added, “We are proud to make BridgerPay available to everyone, independently of provider, location, platform, payment flows, and business logic. BridgerPay is unified, agnostic, and can help any business to scale faster. We look forward to helping thousands of merchants operate their payments. We created new ways to pay that we will soon reveal along with AI-powered tools that finally democratise payments data, providing merchants with never-seen-before, personalised insights based on billions of transactions.”
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