Harbottle & Lewis has advised UK fintech, Primer API Limited (Primer), on a £3.8 million fundraising led by Balderton Capital, a leading early-stage venture capital investor, with participation from Taavet Hinrikus, who co-founded TransferWise.
Founded by Paul Anthony and Gabriel Le Roux, Primer aims to help merchants consolidate their payments stack and easily support new payment methods in the future. In addition, Primer is looking to optimise cost and authorisation rates, reduce fraud, improve user experience and adapt to macro changes in the payments landscape.
On working with the Firm, co-founders Paul Anthony and Gabriel Le Roux commented: “The team at Harbottle provided us with superb advice, clearly tailored to an early-stage disruptive technology company. They were highly responsive and their approach ensured a smooth process throughout.”