Payment App Sunday Raises $100 Million for North American Push
- Atlanta company raises cash a few months after seed round
- Mobile payments are booming after the coronavirus pandemic
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Payment app provider Sunday raised $100 million to drive a push in North America, only a few months after its creation and seed funding round.
Coatue Management led the financing round, with partners from DST Global also participating, the company said in a statement Wednesday. Sunday, which allows restaurant diners to pay via smartphone by scanning a QR code, raised $24 million in April from investors including Coatue and New Wave, a seed investment vehicle co-founded by French entrepreneur Xavier Niel.