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Plooto raised $20m in Series B funding

Toronto based payments automation startup raised $20m in Series B funding led by Centana Growth Partners.

“Our vision, since inception, has been to enable the advancement of entrepreneurs to reach their full potential without being bogged down by cumbersome and inefficient financial processes,” Plooto CEO and Co-founder Hamed Abbasi said in the release. “By expanding our platform’s automation, workflows and payment capabilities, Plooto has become the mission control for managing cashflow end-to-end.”

Tags

smes, financial automation