CardFlight, a New York-based SaaS payment technology company, has received a growth investment.
Investors
The round was led by WestView Capital Partners, a Boston-based growth equity firm managing $2.7 billion across five funds. The firm invests in sectors such as business services, IT services, healthcare technology, software, and industrial growth, targeting companies with at least $10 million in revenue and operating profits between $3 million and $25 million.
CardFlight Use of Funds
The funds will help CardFlight enhance its payment solutions, expand its software offerings, and grow its small business and merchant partner base across the U.S.
About CardFlight
Founded in 2013, CardFlight provides payment solutions for small businesses and merchant acquirers. The company simplifies the payment process by offering software that enables businesses to accept payments easily and efficiently. Its flagship product, SwipeSimple, is a comprehensive payment platform used by over 125,000 small business owners in the United States. SwipeSimple allows merchants to process transactions, manage their business, and accept payments seamlessly via phone, tablet, or computer.
Funding Details
Company: CardFlight, Inc.
Raised: Undisclosed
Round: Growth
Funding Date: October 2024
Lead Investor: WestView Capital Partners
Additional Investors:
Company Website: https://www.cardflight.com/
Software Category: Payment Solution
Source: https://www.prnewswire.com/news-releases/cardflight-receives-growth-investment-from-westview-capital-partners-302282407.html