Temasek Participates in Another Round at Bill.com
Posted on 04/03/2019
Palo Alto, CA-based Bill.com raised US$ 88 million in its latest funding round. Franklin Templeton led the investment round. Other investors include Mastercard Corporation, funds managed by Fidelity Investments Canada ULC, Kayne Anderson Rudnick, Temasek Holdings, Cross Creek, and FLEETCOR. Bill.com serves the small and medium-sized marketplace by offering a payment management platform.
In another bit of news, Boost Payment Solutions, a company that operates in commercial card optimization, raised US$ 12 million in a Series B equity and venture debt funding round. The investment round was led by Mosaik Partners and North Atlantic Capital. Golding & Company served as exclusive strategic and financial advisor to Boost in this transaction.
Last, Israel-based Pagaya Investments, an asset manager that focuses on fixed income and consumer credit markets, raised US$ 25 million in a Series C round. This round was led by Oak HC/FT. Other investors in the round include Viola Ventures, Clal Insurance, GF Investments, Siam Commercial Bank’s Digital Ventures, and former chairman and CEO of American Express and Pagaya board member Harvey Golub.