News

Global payment industry leaders invest in fintech platform

Pollinate has launched a consortium of global industry leaders

Pollinate

Global payment industry leaders invest in fintech platform. Source: shutterstock.com

Mastercard, Motive Partners, and EFM Asset Management and Royal Bank of Scotland have become investors and partners to the Pollinate business. For now, the Pollinate platform has raised to £60 million in funding.

Pollinate helps banks to compete effectively with the disruptors. Its technology wraps around a bank’s legacy payment systems. The platform powers merchant and consumer digital experiences including onboarding, portals and loyalty programs. This allows merchants to more effectively manage their businesses with digital tools and data integrations. For banks, the platform helps them understand and engage with their customers better.

Our disruptive fintech fund seeks opportunities through investment in dynamic companies which leverage their capabilities to deliver improved customer outcomes. Through combining machine learning with a unique ecosystem of data assets, Pollinate offers banks an exciting new service proposition for their customers. We are delighted to be backing this great team, and through our board participation, look forward to leveraging our network and experience in the space to maximise the opportunity
Jeff Emmanuel, Chief Investment Officer and Founder of EFM

SEE ALSO:

Pay Space

6691 Posts 0 Comments

Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.