Banking & Finance  August 19, 2020

Fort Collins’ BillGo raises $60M, plans marketing push to banks

FORT COLLINS — BillGo Inc. is preparing for a major marketing effort in the coming months after it raised almost $60 million in its latest venture-capital round.

The Fort Collins company raised $41.68 million out of its almost $60 million from 14 investors, according to a filing with the U.S. Securities and Exchange Commission Tuesday.

In an interview with BizWest, CEO Dan Holt said the remaining $18 million in the round has been offered by large financial institutions that are expected to purchase equity stakes in the company in the future as they integrate BillGo’s software…

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