$107,000,000 Prime Trust has received a Series B equity investment led by an undisclosed investor with participation by other new and existing members | June 2022

William Blair & Company acted as the exclusive financial advisor to Prime Trust in connection with its $107 million Series B financing. The funding round was led by an undisclosed investor with participation from new and existing investors, including FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund, Gaingels, GateCap Ventures, and Seven Peaks Ventures.

About the Company

Prime Trust powers innovation in the digital economy by providing fintech and digital asset innovators with financial infrastructure. Through a full suite of application programming interfaces (APIs), it helps clients build seamlessly, launch quickly, and scale securely. Regulated by the State of Nevada, Prime Trust processes hundreds of millions of API calls per month. Prime Trust’s team has extensive regulatory and financial services backgrounds from the OCC, SEC, Federal Reserve, US Department of Justice, Department of Homeland Security, Secret Service, JPMorgan Chase, American Express, PNC, Bank of America, and Visa.

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