Forward, which empowers SaaS companies to integrate and monetize payments, has secured $16 million in seed financing led by Commerce Ventures, Elefund, and Fiserv. The funding will enable Forward to meet increasing demand and utilize AI to enhance payment risk functions. With analysts forecasting significant growth in software market share of payments, Forward aims to help SaaS companies generate more revenue by integrating payments seamlessly into their products through its payment facilitation platform.
Forward Raises $16M in Seed Financing