Sunday, December 22, 2024

Irish payments start-up NomuPay lands $53.6m in funding

Irish payments start-up NomuPay has raised $53.6 million in funding to expand its unified payments platform, which aims to simplify cross-border payment acceptance and payout disbursements.

Facts

  • Irish payments start-up NomuPay has secured $53.6 million in a funding round co-led by Finch Capital and Outpost Ventures, with additional participation from angel investors.
  • Founded in 2021 after acquiring assets from Wirecard, NomuPay operates a unified payments platform that enables cross-border payment acceptance and payout disbursements through a single API.
  • NomuPay aims to simplify the fragmented payment infrastructure in Southeast Asia, Europe, and Turkey.
  • CEO Peter Burridge explains that NomuPay unifies fragmented payment networks, providing companies with an “all-access pass to global payments” and helping them expand globally while future-proofing their payment strategies.
  • With the funding, NomuPay plans to scale in its core markets and invest in further product development.
  • The company began successfully onboarding customers in Q4 2022.

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