Electronic Billing And Payment Solutions Provider Transactis Lands $7 Million

Transactis, a Charlotte, North Carolina-based provider of electronic billing, payment, and marketing solutions has raised $7 million in Series B financing in a round led by New York-based StarVest Partners, with previous investors and management participating.

The capital will be used to drive adoption of the company’s BillMail, BillerExpress and (recently acquired) OfferIQ and LoyaltyIQ software-as-a-service platforms.