Cardiff-based Mypinpad, a B2B SaaS company, announced on Thursday, June 22, that it has secured $13M (approximately €11.9M) in a round of funding led by Crossfin Holdings (Crossfin).
Mypinpad says it will use the funds to develop its suite of mobile payments acceptance and authentication solutions, drive technological advancements, and expand into new market segments.
“We are incredibly proud to have secured this investment, especially in the current difficult investment climate,” says Barry Levett, CEO of Mypinpad.
“It demonstrates market recognition of our value proposition, successful track record, and the innovative solutions we offer. This investment will provide the necessary fuel to accelerate our growth, strengthen our global reach and potentially expand into new verticals,” adds Levett.