Payments platform PPRO bags $90m from JP Morgan, Eldridge, plans APAC expansion

PPRO, a leading global provider of payments infrastructure, has announced the raising of an additional $90 million from JPMorgan Chase and Eldridge Industries through a secondaries transaction, bringing its total fundraising this quarter to $270 million.

The company plans to expand its operations in Asia-Pacific, starting with Japan and India as both are “big markets” and countries “where international companies will need help navigating”, PPRO’s chief executive officer Simon Black told DealStreetAsia. It currently has offices in Singapore and China.

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