Till Payments secures $70m in Series D funding 

By Leandra Monteiro

Till Payments announced that it has raised $70 million (AUD) in its most recent Series D funding round led by Silva Fortune.

Shadi Haddad, CEO of Till Payments said, “We are grateful for the support from our investors in bringing a successful close to the funding round. With a fresh focus on sustainable growth and fast-tracking profitability, Till is poised for an exciting new chapter, commencing with the immediate launch of Till’s new Core Acquiring Platform, allowing Till direct access to the Payment Networks globally.”

Till has seen a 300% increase in transaction volumes and a 200% increase in its merchant base over the past 12 months. Its solutions enable merchants to accept payments from all mainstream and emerging payment methods via a single partner while providing fast, secure and all-in-one payment processing for all transactions.

“Till’s existing investors have demonstrated their confidence in our plans for the company and our renewed and prudent approach to governance,” said non-executive director, Matt Davey.

“We look forward to delivering strong organic growth underwritten by a disciplined approach to operations. Our technology is world-class and a credit to our innovative and dedicated team members and we expect to continue to delight both current and future customers,” he added.

“As a long-time investor and customer of Till Payments, we have seen firsthand the unwavering commitment the company has to its merchants and to delivering exceptional payment products and services,” said Theo Koundouris, Director at Silva Fortune.

“It’s exciting to be a part of Till Payments’ next phase of growth, as the company continues to innovate and disrupt the payment industry. Till is a dynamic and forward-thinking company that is blazing a trail for new and exciting payment products and services. We have every confidence that Till will continue to lead the way in delivering value to its customers and driving growth in the years ahead,” he added.

Till is well-positioned to capitalise on the growing demand for innovative payment solutions and will continue to deliver value to its customers while driving sustainable growth. Till has recently welcomed Australian Payments Plus (EFTPOS), AliPay and WeChatPay to its already broad network of payment instruments, extending its value proposition to customers across the globe.