Trolley Secures $23M Series B to Expand Global Payouts Platform
Hey FinTech Fanatic!
Trolley, a Toronto-based global payouts platform, has raised $23M in Series B funding, led by Wavecrest Growth Partners with support from Pace Capital.
The funding will drive product expansion, targeting enhanced features for global payouts, compliance, and fraud prevention. Trolley also plans to broaden its customer base across industries and geographies, scaling its platform for startups and Fortune 500s alike.
Led by CEO Tim Nixon, Trolley empowers businesses like SoundCloud, Envato, and BandCamp to streamline payouts, tax compliance, and ID verification, reducing risks and boosting efficiency.
Excited for Trolley’s next chapter? Share your thoughts below!
Cheers,
INSIGHTS
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PAYMENTS NEWS
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OPEN BANKING NEWS
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REGTECH NEWS
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DIGITAL BANKING NEWS
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DONEDEAL FUNDING NEWS
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M&A
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MOVERS & SHAKERS
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