Paddle, the leading Merchant of Record for digital product companies globally, has secured $25 million in growth financing from CIBC Innovation Banking to fuel international expansion, product development, and hiring amid strong momentum in 2025, driven by AI growth and changes in Apple’s web payment policies. As a Merchant of Record, Paddle simplifies global payments and compliance for over 6,000 SaaS and app companies, helping them scale without fragmented infrastructure. The company is bolstering its leadership with key hires from Shopify and Intercom, and expanding geographically with a new office in Austin, building on its 40% annual growth and partnerships with firms like Vercel and RevenueCat.
Paddle Raises $25M to Accelerate Growth and International Expansion
