Paymentology Raises $175 Million for Real-Time Processing Solutions

Global issuer-processor Paymentology landed a $175 million private equity investment, according to a Tuesday (May 12) news release provided to PYMNTS. The investment, co-led by Apis Partners and Aspirity Partners , will help finance Paymentology’s expansion, product development and hiring, per the release. “Despite the global payments market being estimated at $49 trillion by 2026, much of the issuing layer remains constrained by legacy infrastructure, limiting innovation, speed and the quality