capital · May 20, 2026
Primer Raises 100 Million Dollars in Series C Funding to Bring AI to Payments
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Primer raised 100 million dollars in a Series C round on May 19 2026 led by Sofina with participation from Peak XV Partners. The company founded in 2020 by former PayPal and Braintree leaders aims to make payments fully AI-enabled and accelerate US expansion. The funding supports AI infrastructure for payments processing. Primer operates as a unified payment platform competing in the same space as Braintree services.
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