Netevia, a leading provider of payment solutions, has secured a $120 million investment from WhiteHorse Capital. This substantial funding will drive Netevia’s efforts to expand its innovative payment technologies and improve its customer experience.
With the fintech sector experiencing rapid growth, Netevia aims to capitalize on this trend by offering cutting-edge payment solutions that cater to the diverse needs of businesses and consumers. The investment from WhiteHorse Capital is a strategic move to enhance Netevia’s technological capabilities and broaden its market reach.
“We are thrilled to partner with WhiteHorse Capital, whose support will be instrumental in accelerating our growth and expanding our suite of payment solutions,” said Oleg Firer, CEO of Netevia. “This investment will enable us to further innovate and provide unparalleled payment experiences to our customers.”
Netevia plans to use the funds to develop new payment technologies, enhance its existing platform, and invest in marketing and sales initiatives to attract new clients. Additionally, the company aims to expand its team by hiring top talent in the fintech industry.
WhiteHorse Capital’s investment reflects confidence in Netevia’s vision and potential for growth. “We are excited to support Netevia as they continue to innovate and lead in the payment solutions space,” said John Bolduc, Managing Director at WhiteHorse Capital. “Their commitment to excellence and customer satisfaction aligns with our investment philosophy, and we look forward to their continued success.”
The partnership between Netevia and WhiteHorse Capital marks a significant milestone in Netevia’s journey to becoming a dominant player in the fintech industry. With this new capital infusion, Netevia is poised to revolutionize payment solutions and set new standards for the industry.