PayNearMe acquires $45m in Series D fundraising

The money will be used by PayNearMe to expand and improve its payments platform. PayNearMe has announced the completion of a $45m Series D round of fundraising, which was led by Queensland Investment Corporation (QIC) and included True Ventures, Costanoa Ventures, August Capital, DNS Capital, Invicta Management and H. Barton Asset Management. Matt Diestel, Partner at QIC, said: “We’ve been impressed with PayNearMe’s perfor...