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Balance raises $25m in Series A funding

Tel Aviv based payments platform aimed at B2B merchants and marketplaces raised $25m in Series A funding led by Ribbit Capital.

The motivation for starting the company was simple, said CEO and co-founder Bar Geron: “We wanted to create an online B2B experience that doesn’t suck.” He and Yoni Shuster, both former PayPal employees, started the company in early 2020.

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payments, b2b