Published: May 21, 2026 at 10:57 am
Primer, a London-based payments startup, has announced a $100m (£75m) Series C funding round.
The round was led by Sofina, with participation from Peak XV Partners, and continued backing from all existing investors, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest.
The company has clients in 30 countries and plans to grow US revenue to more than a third of its business by 2028 and will hire up to 50 roles in the region to support that expansion.
Trusted by leading companies including Get Your Guide, Dialpad, Rail Europe, Printful, Lime, and loveholidays across eCommerce, travel, FinTech, and digital platforms, Primer has raised $170m (£126m) from investors.
Primer was founded in 2020 by ex PayPal and Braintree employees Paul Anthony and Gabriel Le Roux on the premise that payments needed a single, unified infrastructure layer before they could benefit from the intelligence built on top.
In 2021, Primer was valued at $425m after closing a $50m Series B fundraise.