1/27/2024 0 Comments Aipowered 50m series iconiq growthThe plan will be both to add in more integrations, to expand the kinds of relationships Primer builds with the wider payments ecosystem and to build new services for merchants, too. When a user creates a payment workflow, Primer creates a separate line of code that developers can use to integrate what’s been built on Primer. Primer today works across more than 20 countries and has some 45 integrations that its merchant users can add to their payment flows, ranging from payments providers like Stripe, Apple Pay, Adyen and Braintree, through to fraud screening from Riskified, sales tax calculations from TaxJar and more. ICONIQ Growth - the growth-stage arm of the San Francisco wealth management and investment firm connected to Mark Zuckerberg, Sheryl Sandberg, Jack Dorsey and other high net-worth tech executives - led the round with existing investors Accel, Balderton Capital, Seedcamp, Speedinvest and RTP Global among those also participating. Now the company is announcing a Series B of $50 million at a $425 million valuation to double down on the opportunity to do more. startup that has built a drag-and-drop framework to help merchants easily build payment stacks to sell online - has seen rapid take-up of its services in the 20 months since it launched. We try our best to fact-check and bring the best, well-researched, and non-plagiarized content to you.Primer - a U.K. Nayya’s data science and AI-powered products greatly improve the benefits experience, enabling employers to better serve their employees while also empowering employees to make informed decisions on their benefits which can drive immense value to their lives.” Caroline Xie, General Partner at ICONIQ Growth. “We believe Nayya is redefining benefits decisions for American workers. Nayya has reinvented the entire benefits experience, creating a brand-new medium that empowers consumers, while helping them save money and avoid unexpected medical costs.” Tilli Bannett, Managing Director at SVB Capital. What the investors have to say: “The idea of a personalized benefits experience, coupled with data science and AI technology that can tie all your benefits decisions together, has really never existed before. We are very excited to welcome SVB Capital and ICONIQ Growth, firms with deep data and software experience, as we continue to expand our footprint and growth strategy.” - Sina Chehrazi, Co-Founder and CEO at Nayya. Once employees can fully understand their benefits and become confident consumers of healthcare, we can build a much stronger, much more efficient market. ![]() This new capital will accelerate the growth of Nayya’s ‘system of influence,’ within ‘systems of record’ across the United States. ![]() Employee financial wellness is more important than ever, with employee health being the largest driver. What the CEO has to say: “We are committed to improving the healthcare experience for employees. Nayya is changing the benefits experience for customers by linking different external data points to offer curated, confidential guidance on topics such as selecting voluntary benefits, comparing different health insurance options and finding cost-effective prescription drugs and healthcare. Nayya is set to introduce its newly enhanced user experience that will estimate annual healthcare spend for each employee so that they can make data-driven decisions as they select their health plans and benefits. Use: An AI-driven, automated healthcare that claims assistance and benefits engagement solution designed to help employees save money. Choose: A personalized decision support engine that helps employees select the right plans for their lifestyles during enrolment.Ģ. ![]() Nayya leverages Artificial Intelligence and Data Science to drive product innovation.ġ. Founded in 2019 by Akash Magoon and Sina Chehrazi, Nayya is an insurance benefits experience and management platform that addresses health plan challenges.
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