CellPoint Digital raised $30M in a funding round led by Toscafund and Penta Capital to accelerate its global expansion in payment solutions for the airline and travel industries.

Nov 21, 2024•about 1 year ago

Amount Raised

$30 Million

LondonPaymentsFinancial ServicesAppsSoftware

Investors

Penta CapitalToscafund

Description

CellPoint Digital, a provider of payment solutions to the airline and travel industries, raised $30M in funding. The funds will be used to support the company's expansion efforts to meet increasing global demand for its services.

Company Information

Company

CellPoint Digital

Location

London, England, United Kingdom

About

CellPoint Digital is a fintech leader in payment orchestration. CellPoint Digital’s main solution is a powerful omni-channel Payment Orchestration Platform that optimises digital payment transactions, from cards or alternative payment methods, and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimize the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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