Napier Park -based start-up Bill.com has raised $ an additional $100 million m in a funding round co-led by recent partner JPMorgan Chase and JPMorgan Chase , with participation from existing investors including Scale Ventures and Scale Ventures . Bill.com's cloud-based payments software helps businesses reduce time spent on processing transactions, and its product will be white-labelled as a B2B offering by JPMorgan Chase next year . The new funds will be used to employ additional staff, develop the platform and invest in sales and marketing. Bill.com's software provides a dashboard that logs where bills are in the payment process, and the firm said it has B2B customers.
California-based start-up Bill.com has raised $100m in a funding round co-led by recent partner JPMorgan Chase and Temasek, with participation from existing investors including August Capital and Scale Ventures. Bill.com's cloud-based payments software helps businesses reduce time spent on processing transactions, and its product will be white-labelled as a B2B offering by JPMorgan Chase next year. The new funds will be used to employ additional staff, develop the platform and invest in sales and marketing. Bill.com's software provides a dashboard that logs where bills are in the payment process, and the firm said it has about 100,000 customers.