JetPay Corp., the Berwyn, Pa.-based card processor, has received a fresh round of funding from payments industry veteran Larry Stone, who is joining the company’s board.

Stone has agreed to invest $19.6 million in debt and equity in JetPay, a provider of debit and credit card acceptance and processing, along with payroll and prepaid card services, JetPay said in an Oct. 19 press release.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry