Limepay, the Payments Fintech, has raised $21 million in a pre-IPO funding round. Ord Minnett acted as lead manager, supported by Prime Financial as corporate and financial adviser to Limepay. The company is anticipating additional institutional funding in early 2021. Since its seed round in December 2019, Limepay has raised almost $30 million to scale the platform.
Limepay is an Australian enterprise payments Fintech that join in online payments and Buy Now Pay Later (BNPL) functionality to offer a native customer experience.
Limepay recently launched with a series of major retail partners, including EB Games and PUMA.
This funding round is one of the largest Fintech pre-IPO’s completed in the Australian market.