The Paypal and Citi-backed payment platform developer has secured an additional $90m following a $180m close in January.

PPRO, the US-headquartered payment software producer that counts digital payment processor PayPal and financial services firm Citi as investors, added $90m to a funding round now totalling $270m yesterday.

Investment bank JPMorgan Chase and investment firm Eldridge supplied the new funding, which followed $180m from Eurazeo’s Growth fund, Sprints Capital and Wellington Management in January this year.

PPRO has built a software platform that powers international payment services for businesses, enabling them to offer customers a wider range of…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.