Merchant acquiring FinTech Pollinate has just closed a $50mn Series C funding round.
In Brief:
The round was led by Insight Partners.
It also included existing investors NatWest Group, Mastercard, National Australia Bank (NAB), EFM Asset Management and Motive Partners.
The round closes as Pollinate aims to expand into North America.
What does this mean?
Pollinate aims to expand further as it moves into North America, where it is already having conversations with a number of banks. It aims to expans its white-label marketplace offering to improve financial services for banks and SMEs.