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POELLATH advises HPE Growth on EUR 85 mil-lion growth financing of PPRO

FinTech company PPRO has successfully closed a dual-tranche financing totaling EUR 85 million to drive growth in key markets and further expand its global network of local payment methods. The investor base includes both new and existing investors, including Eurazeo, HPE Growth, Sprints, PayPal Ventures, J.P. Morgan, Citi Ventures and funds managed by BlackRock. POELLATH provided legal and tax advice to the investor HPE Growth on this transaction.

PPRO is a leading provider of digital payment infrastructures. The company has developed a fully integrated interactive platform that supports a variety of domestic and international payment systems in more than 190 countries and offers payment service providers and software platform partners a single, fast, user-friendly and customizable interface to the payment methods in PPRO’s portfolio. This enables online merchants to simplify electronic payments, expand their e-commerce reach and achieve higher conversion rates.

HPE Growth is a leading European growth investment platform focused on digital and data-driven technology sectors. In addition to PPRO, portfolio investments include companies such as Tiqets, eGym, Uberall and WeTransfer. HPE Growth currently has over EUR 600 million in assets under management.

POELLATH again advised HPE Growth as one of the primary investors in PPRO on all legal and tax aspects of the transaction with the following team:

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