May 26, 2026

Primer Series C: Primer raises $100m Series C to scale AI payments platform

Primer

Investment raised

Primer raises $100m Series C to scale AI payments platform

Valuation

Stage

Region

Investors

The round was led by Sofina, with participation from Peak XV Partners. Existing investors also joined the financing, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest.

Multiples

Primer operates at the intersection of financial technology, payments, and enterprise software, providing a payment orchestration platform that enables merchants to optimize and manage payment operations through a unified infrastructure layer. Given the company’s current Series C stage, European benchmarks (Q1 2026) for FinTech and Payments businesses indicate valuation ranges of EV/Sales multiples of 5.42x-7.19x, and EV/EBITDA multiples of 18.66x-20.51x.