Highnote has closed a US$90 million Series B funding round led by Adams Street Partners, with participation from existing investors Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners.
With this funding, Highnote has launched a new acquiring solution, allowing businesses to accept and process payments on the same platform where they issue cards.
This unified system simplifies financial transactions, saving time and money for businesses by using a single, centralised ledger.
The new solution lets companies accept online payments through plug-and-play tools or custom integrations. Built by the team behind Braintree, it directly connects with major payment networks, improving transparency, data access, and costs.
It’s also certified by major US card brands, making it a one-stop payment solution for small businesses and large enterprises alike.
“This funding and our move into acquiring are key steps for us. Our platform helps businesses grow by offering both payment acceptance and card issuing in one place,”
said John MacIlwaine, CEO of Highnote.
With its new funding and all-in-one platform, Highnote is well-equipped to support businesses, from startups to large enterprises, with scalable and efficient payment solutions.
Featured image credit: edited from Highnote
