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Rainforest lands $20M to challenge Stripe with embedded payments for SaaS providers

Published 1 year, 8 months ago
Description

Rainforest, a startup that embeds payment processing into other software platforms, has raised $20 million in Series A funding — less than a year after announcing the close of its seed financing. Raising back-to-back rounds was more common in 2021 but we don’t see it happening as often in this new environment.

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