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Business

CloudPay Secures $120 Million Funding to Bolster its Global Customer Base

By Sam Allcock08/08/20240

CloudPay Secures $120 Million Funding to Bolster its Global Customer Base Andover, UK, 8 August 2024 – CloudPay, the leading independent provider of global payroll and payment solutions, today announces the successful completion of a $120 million funding round led by Blue Owl Capital, with participation from existing shareholders Rho Capital Partners, The Olayan Group, and Hollyport Capital. This investment fortifies CloudPay’s capital base and provides flexibility for future growth initiatives. With a distinguished 30-year history, CloudPay has established a world-class customer base, collaborating with over 280 corporate clients to manage their payroll and payment requirements across more than 130…

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