Enterprise bill payment and cash management service (B2B payment platform): Plastiq Inc

Plastiq Inc., founded in 2012 and headquartered in San Francisco, California, USA, is a company that provides bill payment services (B2B payment platform) for enterprises to better manage their cash flow. On August 4, 2022, Plastiq Inc. and Special purpose acquisition company Colonnade Acquisition Corp. II (NYSE: CLAA) announced that they had reached a final business merger agreement, valuing the merged company at $480 million.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Plastiq Inc

Plastiq was founded in 2012. Plastiq is promoting innovative payment solutions to more than 150 countries/regions around the world. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Plastiq's idea came from the company's founder Eliot Buchanan, who could not choose to use credit cards to pay for his tuition. Therefore, he established Plastiq, which provides enterprises around the world with the choice of how to pay and get remuneration. Plastiq is now united around a simple fact that you know your financial situation better than anyone else, so you should be able to choose how to manage your cash flow. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Plastiq Inc. ("Plastiq") was established to enhance the economic capacity of SMEs. Although SMB payment represents a huge market opportunity for more than $9 trillion in payments and financial products financial service The solution is still insufficient for SMB. Plastiq is the payment center between the payer and the supplier, providing payment options for SMEs, which is a more effective way to automate accounts payable and accounts receivable, while releasing the cash flow of commercial credit cards and instant short-term financing. By separating the fund method (card or ACH) from the payment method (ACH, wire transfer or paper check), Plastiq solves the mismatch between the companies and suppliers who want to pay and get remuneration, creating more choices and efficiency for all parties. Plastiq integrates with multiple enterprise resource planning systems ("ERP") and provides a set of application programming interfaces ("APIs") for enterprise customers to embed business to business ("B2B") payment options into their customer experience. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Plastiq provides convenient, flexible and secure payment methods. Plastiq enables business owners and savvy consumers to use credit cards to pay almost any fee, even rent that usually requires a check. The service makes it easier for cardholders to get credit card rewards, enjoy prepayment discounts and use cash in the way that is most meaningful to their lives. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Credit card, debit card or bank Transfer - Whatever payment method your payee accepts, Plastiq's payment method depends on you. Plastiq accepts: accept more types of payments (including credit cards) without any fees or integration. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Plastiq Inc. Financing Encyclopedia

• In May 2012, in the seed round of financing, Plastiq Inc. received a $2.3 million investment led by NextView Ventures and co invested by Flybridge and Accomplice.
• In February 2013, round A financing, Plastiq Inc. won the leading investment of Atlas Venture and Flybridge, NextView Ventures、 Greenoaks Capital, Accomplice and other investors invested 6 million dollars.
• In July 2014, Plastiq Inc. obtained round B financing Khosla Ventures Led by Great Oaks Venture Capital, NextView Ventures, Flybridge, Atlas Venture and other investors with the investment of 10 million dollars.
• In August 2017, Plastiq Inc. obtained the B+round of financing Alumni Ventures $1.5 million investment jointly invested by Group, Blue Ivy Ventures and Acorn Pacific Ventures.
• In May 2018, Plastiq Inc. obtained Atlas Venture in the B++round of financing, Khosla Ventures , led by Top Tier Capital Partners, Alumni Ventures Group、Flybridge、 FJ Labs 16 million dollars of investment.
• In November 2018, round C financing was obtained by Plastiq Inc Kleiner Perkins Leading investment, DST Global The investment of 27 million dollars invested together.
• In October 2019, round D financing was obtained by Plastiq Inc Alumni Ventures The Group has an exclusive investment of $4 million.
• In March 2020, Plastiq Inc. won the D+round of financing B Capital Group Leading investment, Kleiner Perkins 、 Khosla Ventures , Alumni Ventures Group, Accomplice, etc.

Plastiq Inc. listed:

On August 4, 2022, Plastiq Inc., a B2B payment platform that provides power for small and medium-sized enterprises ("SMBs"), and Colonnade Acquisition Corp. II (NYSE: CLAA), a listed special purpose acquisition company, announced today that they have reached a final merger agreement. The merged company will continue to be a publicly listed entity, and the implied estimated enterprise value after the merger is about 480 million dollars. The merged company will operate under the name of Plastiq and is expected to trade under the new stock code. The Plastiq management team led by founder and CEO Eliot Buchanan will continue to lead the company. Existing Plastiq shareholders will transfer all their investment in Plastiq to the merged company. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

The business merger has been unanimously approved by the Board of Directors of Plastiq and Colonnade. The business combination is expected to be completed in the first quarter of 2023. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Plastiq Inc. US equity investment

Company official website The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html

Wait for the successful merger and listing of Plastiq Inc. SPAC. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/plastiq.html