Transactis, a US-based provider of electronic billing and payment services, has raised $8.2m in its series C round led by Harland Financial Solutions, a subsidiary of MacAndrews & Forbes, following a partnership between the two companies.
Joe Proto, executive chairman of Transactis, said: “MacAndrews & Forbes has expertise throughout its history in the financial services industry and through its portfolio companies, Harland Clarke and Harland Financial Solutions. This expertise will prove an important resource to Transactis as we continue to capitalize on strategic opportunities with financial institutions of all sizes.”