Cromwell, Connecticut based provider of digital money movement technology to financial institutions has raised $7m in Series D funding, led by Mosaik Partners.
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Payveris raises $7 million
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David Dame, Payveris’ board chairman, said the company has achieved significant growth under the leadership of CEO Ron Bergamesca, a veteran marketer who became the head of Payveris in Feb. 2017, as it now provides payment services to more than 240 financial institutions. “We led the Series C because of the potential we saw in Payveris,” said Howard Mergelkamp, managing partner at Mosaik Partners, who also serves on Payveris’ eight-member board of directors.
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