NAB and US Bancorp subsidiary Evalon invested in a series C round that increased payment technology developer Poynt's overall funding to more than $130m.

US-based payment processing software developer Poynt received $100m in series C funding from investors including financial services firms NAB and US Bancorp, the latter through its card processing subsidiary Elavon.

Founded in 2013, Poynt develops payment processing terminals and software that offer merchants features such as customisable interfaces and integration with third-party apps. It is rolling out a piece of software called Poynt OS that is designed to run on a wide range of smart payment terminals.

The company expects…