Who are Central Payments's investors?

Central Payments's investors include Castle Creek Launchpad, Launchpad Capital, Propel Venture Partners.

How much funding has Central Payments raised?

Central Payments has disclosed $30M raised across 1 of its 2 known rounds.

Where is Central Payments headquartered?

Central Payments is headquartered in Sioux Falls, US.

Central Payments

Sioux Falls, US · 5 known investors

Find your way into Central Payments

Central Payments provides embedded finance solutions including digital banking, payment card issuance, and money movement services for financial product developers and fintech platforms. The company specializes in FBO trust account management, prepaid card programs, and integrations with payment rail networks.

Enterprise Software Fintech SaaS

Founders & leadership

Nikkee RhodyinChief Executive Officer

Eric CottoninPresident and Chief Payments Officer

Investors · 5

Castle Creek LaunchpadOakland

Launchpad CapitalOakland

Propel Venture PartnersreportedSan Francisco · $500K – $5M

Also in the syndicate · 2

Castle Creek CapitalleadCentral Bank of Kansas City

Funding

SEC filings, press & company announcements

$30M disclosed across 1 of 2 rounds · 2022

Undisclosed amountgrowth equityAug 2022
Castle Creek Capital (lead), Central Bank of Kansas City, Launchpad Capital
Source ↗
$30MraisedAug 2022 · 2 sources
Castle Creek Capital (lead), Launchpad Capital
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Central Payments raises $30m in new funding (via Passle)news.fintech.io · Aug 2022

Central Payments snags $30M | Payments Divepaymentsdive.com · Aug 2022

Central Payments to spin out of parent company with $30M capital raise - SiouxFalls.Businesssiouxfalls.business · Aug 2022

Central Payments Closes $30M Growth Equity Raise - Castle Creek Launchpadcastlecreeklaunchpad.vc · Aug 2022

Frequently asked questions

What does Central Payments do?: Central Payments provides embedded finance solutions including digital banking, payment card issuance, and money movement services for financial product developers and fintech platforms. The company specializes in FBO trust account management, prepaid card programs, and integrations with payment rail networks.
Who are Central Payments's investors?: Central Payments's investors include Castle Creek Launchpad, Launchpad Capital, Propel Venture Partners.
How much funding has Central Payments raised?: Central Payments has disclosed $30M raised across 1 of its 2 known rounds.
Where is Central Payments headquartered?: Central Payments is headquartered in Sioux Falls, US.