London FinTech Cellpoint Digital has raised $25mn funding this week.
CellPoint Digital offers digital commerce and payment solutions.
The funding was raised through an equity round.
This included Toscafund and its private equity arm, Penta Capital.
What does this mean?
Both Toscapoint and Penta Capital are continuing on from investment in CellPoint back in 2019. The FinTech says it’s seen huge demand from “a range of enterprises” that are seeking to optimist their digital payment and commerce solutions over the past few years, and its next step will be to widen its global reach – looking to new markets.