Recruit Strategic Partners, Brand Capital and Visa have backed the series D round, which the digital payment platform developer plans to close at $25m.
India-based payment technology developer PayMate has secured an undisclosed amount in a series D round featuring corporates Visa, Recruit and Bennett, Coleman & Co with a $25m target, TechCrunch reported today.
Recruit Strategic Partners and Brand Capital, respective subsidiaries of human resources firm Recruit and media group Bennett, Coleman & Co, both contributed to the round, as did payment services provider Visa and investment firm Mayfair 101.
Ajay Adiseshann, PayMate’s founder and chief executive, told TechCrunch the company has already…
