{"id":5869,"date":"2025-02-20T13:19:53","date_gmt":"2025-02-20T18:19:53","guid":{"rendered":"https:\/\/www.startupecosystem.ca\/news\/reach-secures-significant-investment-to-boost-global-expansion\/"},"modified":"2025-02-20T13:19:53","modified_gmt":"2025-02-20T18:19:53","slug":"reach-secures-significant-investment-to-boost-global-expansion","status":"publish","type":"post","link":"https:\/\/www.startupecosystem.ca\/news\/reach-secures-significant-investment-to-boost-global-expansion\/","title":{"rendered":"Reach Secures Significant Investment to Boost Global Expansion"},"content":{"rendered":"<p>Reach, a leading global Merchant of Record (MoR) solution based in Calgary, Alberta, has announced a major investment from Primus Capital. This strategic partnership is set to enhance Reach&#8217;s operations as the company plans to expand its global presence by advancing its product roadmap and augmenting its existing solutions in payments, tax compliance, and fraud protection. The investment aims to support enterprise businesses by developing Reach&#8217;s ecommerce product mix and expanding its global entity network into new markets. With a remarkable 95% year-over-year growth in Annual Gross Merchandise Volume (GMV) in Q4 2024, Reach plans to leverage this investment to bolster its infrastructure, extend international coverage, and simplify cross-border transactions for its clients. The investment is expected to empower Reach&#8217;s enterprise customers to navigate the complexities of global expansion and compliance with ease.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reach, a leading global Merchant of Record (MoR) solution based in Calgary, Alberta, has announced a major investment from Primus Capital. This strategic partnership is set to enhance Reach&#8217;s operations&#8230;<\/p>\n","protected":false},"author":1,"featured_media":951,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[178],"tags":[414,1996,892,6434,6435],"class_list":["post-5869","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada-startup-news","tag-enterprise-solutions","tag-global-expansion","tag-merchant-of-record","tag-primus-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reach Secures Significant Investment to Boost Global Expansion - Startup Ecosystem Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.startupecosystem.ca\/news\/reach-secures-significant-investment-to-boost-global-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reach Secures Significant Investment to Boost Global Expansion - Startup Ecosystem Canada\" \/>\n<meta property=\"og:description\" content=\"Reach, a leading global Merchant of Record (MoR) solution based in Calgary, Alberta, has announced a major investment from Primus Capital. 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