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Rainforest, a company that helps SaaS providers build and optimize embedded financial services, has raised $20 million in a Series A funding round. This round was led by Matt Brown at Matrix with participation from Infinity Ventures, Accel, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners. The new funding brings Rainforest's total funding to $31.75 million. Rainforest aims to challenge established players like Stripe by enabling software platforms to offer and monetize exceptional embedded payment experiences for end users.
Payment processor Rainforest raises a $20M Series A led by Matt Brown at Matrix with participation from Infinity Ventures, Accel, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners. @rainforestpay @matrixvc @thefintechfund https://t.co/QEJ5OvelE6
I’m excited to announce that I’ve led a $20M Series A investment into @rainforestpay on behalf of @matrixvc and joined the board. Rainforest enables software platforms to offer and monetize exceptional embedded payment experiences for end users. There’s a famous saying from… https://t.co/TLZBWUncKQ
Rainforest, which helps software companies "build and optimize" embedded financial services, raised a $20M Series A, bringing its total funding to $31.75M (@bayareawriter / TechCrunch) https://t.co/hllI8AS0e5 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/usAmhHVRs3
