Amaryllis, which builds payment engines to streamline the complex world of transactions for platform models, has secured $10.0M in Series b funding. The company offers customized and modular solutions for acquirers and third-party payment models, providing critical functionalities like instant boarding, split payments, and payout management.
Its API-driven platform allows clients to go live in weeks with minimal CAPEX, helping them compete directly with other payment 'disruptors'. The startup also leverages its founding team's 60+ years of combined payment processing and Big 4 consulting experience to offer consultative advice on intricate payment structures.
