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ePayRails raises $2.45 million

Jacksonville, FL based provider of B2B payments as a service raised $2.45m in Series A funding led by Aspire Fund Management.

Kerwyn Valley, Managing Director at Aspire Funds, also commented: “We are excited to expand our reach and portfolio profile through our investment in ePayRails. We believe the management team and their unique approach to solving complexities of B2B commerce gives them a distinct advantage to other legacy systems and firms in the marketplace. ePayRails is taking a dynamic, long-term approach to addressing specific issues all organizations face with respect to cash management.”

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payments, paas, b2b payments