Mastercard and RBS are two of the strategic investors that have supplied $77.8m in capital for newly launched cloud payment technology startup Pollinate.
UK-based payment tool developer Pollinate launched yesterday with £60m ($77.8m) in funding from payment systems provider Mastercard and financial services group Royal Bank of Scotland (RBS).
The funding was secured across at least two rounds to date, with the latest backed by Mastercard, investment firm Motive Partners and asset manager EFM Asset Management. RBS was identified as an existing investor without further details.
Founded in 2017, Pollinate has built a cloud-based platform that integrates with a bank’s legacy payment systems…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
