Series A led by Crossfin Holdings
IN BRIEF:
- Mypinpad offers mobile authentication, payments acceptance, and revenue optimisation
- Banks can use the firm’s local agent API, or application programming interface, to issue financial services like ATM functionality, remote lending and account opening without requiring an in-person branch
- Last year, Mypinpad merged with SmartPesa
What does this mean?
Dean Sparrow, CEO and co-founder of Crossfin Holdings, said: “Barry and his team have built an innovative, scalable business that aligns well with Crossfin’s best-of-breed mPOS and SoftPOS payment solutions and related mobile payment security solutions, enabling us to extend our reach across emerging markets globally.”