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Tidal Commerce get $4 million investment from Super G Capital

Tidal Commerce, an Illinois-based  payment processing and merchant services firm, said it got a $4 million investment from Super G Capital, in a company release. 

Tidal Commerce plans to use the funding to consolidate onboarding, business management, sales data, payment gateways and other merchant services into a single unified platform.

The company plans to speed the development of its in-house payment software, which the company said will have an interactive online application with underwriting, CRM, fraud, ticketing and chargeback response features. The company also plans to expand partnerships with independent service organizations, banks and credit unions. 

“We average almost $1 billion in transaction volume annually and are currently servicing over 1,000 merchants ranging from professional services to banks,” Drew Sementa, founder and CEO of Tidal Commerce, said in a company release. “We used our initial funding to spur merchant growth while strategically positioning ourselves to scale, and now the matches are set for that next spark.”