Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks

Tel-Aviv startup Balance raises $56 million in Series B funding

Balance, a startup from Israel that makes payments and checkout software for business-to-business marketplaces, has raised $56 million in Series B funding, bringing its valuation to $356 million. * Co-founded by former PayPal employees Bar Geron and Yoni Shuster, Balance provides one-click payment tools to B2B e-commerce merchants and marketplaces to

Techloy profile image
by Techloy
Tel-Aviv startup Balance raises $56 million in Series B funding
Photo by Towfiqu barbhuiya / Unsplash

Balance, a startup from Israel that makes payments and checkout software for business-to-business marketplaces, has raised $56 million in Series B funding, bringing its valuation to $356 million.

  • Co-founded by former PayPal employees Bar Geron and Yoni Shuster, Balance provides one-click payment tools to B2B e-commerce merchants and marketplaces to make payments seamless.
  • The startup plans to use its new funding to expand its presence in North America and potentially move into new regions.
  • Balance last raised $25 million in a Series A round led by Ribbit Capital, and with its latest funding, it has now raised $87 million in total funding to date.
  • The latest round was led by Forerunner Ventures, with Salesforce Ventures, Hubspot Ventures, Lyra Ventures, and Gramercy Ventures also contributing.
Techloy profile image
by Techloy

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More