# CFG Merchant Solutions funding: rounds and investors

> CFG Merchant Solutions has raised $145M across 1 round since 2024. Every round with its source.

Source: https://millionrounds.com/company/cfg-merchant-solutions (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *CFG Merchant Solutions*

One round we have observed, with the 0 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

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Funding summary Updated 15 Nov 2026

**$145M** raised across 1 round since 2024, from 1 source

- **Latest round:** Debt, $145M May 2024
- **Investors:** 0

See who backed them

## The rounds

- **May 2024** Debt **$145M** No investor was named in the report. Source recorded SEC filing: $10M sold, first sale Mar 2024

## Funding filed with regulators

CFG Merchant Solutions filed 2 raises, $30M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2024 **$10M** 4 investors debt SEC Form D
- Feb 2023 **$20M** 4 investors debt SEC Form D

## Founders and team

From CFG Merchant Solutions's own website and the SEC filings it signed: 14 on the team.

- **Andrew Coon** Chief Executive Officer
- **Bill Gallagher** President
- **Jeff Paige** Chief Legal Officer
- **Karl Lewis** Chief Information Officer
- **Richard Polgar** Chief Financial Officer
- **Dan Taylor** VP of Compliance & Security
- **Gigi Garcia** VP, Finance
- **Keith Christianson** Assistant VP of Production & Revenue
- **Boris Angelov** Senior UW & Team Lead
- **Mike Ciprello** Senior UW & Team Lead
- **Mike Huguenot** Senior UW & Team Lead
- **Patrick Connelly** Senior UW & Team Lead
- **Rob Abolt** Senior UW & Team Lead
- **William Gallagher** Executive Officer, Director i

## Quick answers about CFG Merchant Solutions

### How much has CFG Merchant Solutions raised?

CFG Merchant Solutions has raised $145M across 1 round since 2024.

### When did CFG Merchant Solutions last raise?

CFG Merchant Solutions's most recent round was a Debt of $145M in May 2024.

### What was CFG Merchant Solutions's biggest round?

Its most recent round, $145M in May 2024, is also its largest on record.

### What stage is CFG Merchant Solutions at?

CFG Merchant Solutions's latest named round is a Debt, in May 2024.

### Where is CFG Merchant Solutions based?

CFG Merchant Solutions is based in the United States.

## Companies like CFG Merchant Solutions

In the same sector, and raised in the last eighteen months.

[**Torus** $739M · Nov 2026](https://millionrounds.com/company/torus)[**PortX** $17M · Nov 2026](https://millionrounds.com/company/portx)[**Marble** $75M · Nov 2026](https://millionrounds.com/company/marble)[**Synctera** $40M · Nov 2026](https://millionrounds.com/company/synctera)[**Billd** $160M · Nov 2026](https://millionrounds.com/company/billd)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)

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