Fintech Startup Pineapple Payments Brings In $35 Million

Pineapple Payments announced the completion of $35 million in financing from Providence Equity Partners.

Pineapple Payments provides versatile, omni-channel payment processing solutions for businesses from startups to Fortune 500 companies. It provides merchants with streamlined and secure in-person transactions that use physical terminals and advanced point-of-sale systems. The company also provides a payment gateway API with patented tokenization and encryption that integrates smoothly with merchants’ SaaS, ecommerce, and enterprise platforms.

In its announcement, the company said Pineapple Payments will use the proceeds to accelerate growth.