Payments

Amaryllis Payment Solutions earns $10M in funding round

June 1, 2022

Amaryllis Payment Solutions, a payment facilitation platform for financial institutions, has earned $10 million is a funding round led by Jam Fintop. The company plans to use these funds to boost its product development, marketing and sales efforts, according to a press release.

Amaryllis provides a variety of payment facilitation tools to help with merchant underwriting, payment acceptance, split fees, risk management and more.

"Software-led payments is one of the most attractive verticals in the market," Ori Hay, co-founder and CEO of Amaryllis, said in the release. "When we started Amaryllis, we embarked on a journey to create the best payment platform so financial institutions can easily enhance and modernize their legacy infrastructure to adjust to the ever-changing payments landscape and requirements. Today marks a major milestone in our journey to reach that goal. We are grateful to our partners at FINTOP capital and Jam Fintop that share our passion for the payments space, and excited to continue to innovate and deliver solutions that make payment facilitation simple."