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Plastiq Closes a $75 Million Series D
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Plastiq Closes a $75 Million Series D

Plastiq Closes a $75 Million Series D

Emily Donato·
FintechNews RoundupUSA
·Mar. 27, 2020·1 min read

Even amid the economic turmoil that is today’s world deals are getting done; Plastiq, a company that allows customers to use their credit cards to make bill payments, has closed a $75 million Series D bringing their total funding to date to $140 million; while it initially focused on the consumer market SMBs now account for 90% of their revenue as businesses manage cash flow by paying for more bills with a credit card; Plastiq charges a 2.5% fee for their service and is on track to make over $2 billion in transactions; many bills cannot be paid with a credit card so small business owners can use Plastiq to help manage short term cash flow shortages. Business Insider

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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credit cardsequity financingPlastiqsmall business
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