Bill Payment Service Plastiq Raises $75M

Popular bill payment service Plastiq has raised $75 million in venture capital in a series D round led by Capital Group. They have now raised more than $140 million in total. Normally Plastiq charges users a 2.5% to pay a bill with a credit card, but this rate is frequently discounted. It’ll be interesting to see if these discounted rates dry up now that Plastiq has secured this funding.