Tilled, the start-up that pioneered PayFac-as-a-Service to help software companies realize the full benefit of embedded payments, today announced a $12.5 million fundraising round led by Canvas Ventures and UPC Capital Ventures. Tilled is also announcing a new partnership with Handpoint to expand its card-present offerings, including dozens of terminal options available in the United States and Canada.

Tilled offers an embedded payments solution through PayFac-as-a-Service, enabling software companies to accelerate their time to market, unlock new revenue opportunities, and provide superior value to their customers by creating an embedded payments experience that is delightful, transparent, profitable, and incredibly simple. Designed with flexibility, customization, and developers in mind, Tilled's easy-to-integrate APIs and SDKs provide everything software companies need to launch a white-label payments experience without the complexity, cost, or compliance burdens of becoming a fully registered PayFac.