2 years ago

Mypinpad Secures £10.2 Million in Series A Funding Led by Crossfin Holdings

  • Mypinpad, a Welsh mobile payments company, has raised £10.2 million in a Series A round led by Crossfin Holdings, a South African fintech company

  • The funding will be used to accelerate Mypinpad's growth, strengthen its global reach, and potentially expand into new verticals

  • Mypinpad's technology allows banks to offer financial services like ATM functionality, remote lending, and account opening without requiring an in-person branch

  • The company serves customers in at least 20 countries across APAC, EMEA, and the Americas.

      • ProblemFinancial Services

      "Businesses need secure and efficient ways to accept mobile payments, especially in emerging markets with limited traditional banking infrastructure."

      Solution

      "MyPinPad provides a mobile point-of-sale (mPOS) platform that enables businesses to accept card payments using smartphones or tablets, along with offering additional financial services through local agents."

      Covered on