After nearly two decades of organic profitability, raised its first outside investment of $35 million in growth funding to expand its cloud-based payments and financial messaging tool globally, the company said Monday.
led the capital raise along with participation from , , and . As part of the investment, Wavecrest���s co-founder and Managing Partner will join the company���s board.

The company, which has offices in New York, London, Dubai and Mexico, was started by , and in 2001 to provide financial institutions with modern tools that would ���simplify the complexity of their operations and accelerate business outcomes, from capital markets to custody to transaction banking,��� Oddiraju, co-founder and CEO, said in a written statement.
The company will use the new funds to expand internationally, as well as into new market segments and industry verticals.
���The $35 million investment will allow us to broaden our lead and accelerate our growth trajectory even further,��� Oddiraju told 蹤獲弝け News via email.
The funding will focus in three main areas: investing in R&D, building out business operations and extending go-to-market capabilities, he said.
���We want to offer greater resiliency, scalability and roadmap richness in our end-to -end payment processing service in the cloud, while also expanding into new geographies, new market segments and into new lines of business,��� he added.
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