Easy Payment Gateway Raises Expansion Capital
Gibraltar, 17th March 2016: Easy Payment Gateway, the world’s best online payment gateway, has raised an additional £1m GBP finance for global expansion. The capital will be used to accelerate sales in EMEA, USA and Far Eastern markets. EPG, which is led by fintech visionary Alex Capurro, increased volumes processed 30-fold during 2015 and is forecasting enormous growth in volumes processed during 2016, making the Company one of the fastest-growing payment platforms in the world.
The Company has a pipeline of hundreds of merchants seeking to join the platform, attracted by EPG’s 100+ different online payment methods and worldwide acquirers. EPG also offers a powerful back office where non IT staff can easily maintain and configure payment accounts, create payment routing rules or prevent fraud using EPG’s anti-fraud and customer monitoring tools. The funding round confirmed EPG as one of the fastest growing companies – in terms of capitalisation in D5 Capital’s client portfolio. Commenting on the finance round, Rupert Ashe of D5 Capital said:
“EPG has a unique solution for merchant’s completing sales in multiple territories, so it is no surprise that their revenues and valuation are rising fast. We look forward to a greater recognition of EPG’s unique positioning in the payments industry during 2016.”