ePayRails announced a new round of series A funding of $2.45 Million. Aspire Fund Management was the largest investor in the round, investing $2 million along with a consortium of additional private investors who invested the balance of $450 thousand.
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This new round of funding will be deployed to:
- Further technological development of the ePayRails Payment Hub
- Expand Sales and Marketing capabilities
- Invest in back-office client support