Irish Cross Border Payments Giant Nomupay Raises $40 Million Series C from Softbank Subsidiary.

Led by Peter Burridge(Group CEO), Robert Pailin(Group COO), Alex Leigh(President), Sam Ellis(Group CFO), Brendan Collins(Group CRO), Danny Makin(Group CCO), Gaurav Gupta(Group Head of Engineering), Lourens Ruigrok(Group Head of Growth), Erik Hogenkamp(Group Head of Product), Abdullah Abdelkafi(Group Head of Marketing), & Steven Dover(Group Head of InfoSec), Nomupay has raised $40 Million Series C from SB Payment Service, a Softbank Corporation subsidiary.

The startup will use the new capital for the next phase, which involves expanding its reach in key regions, including Asia and beyond, as well as acquisitions. In addition, it will double down on scaling its sales and operations to reach both existing and new locations.

The company entered into a strategic partnership with SBPS and plans to add SBPS cards to its platform, as well as multi-currency settlement and IC++ billing. SBPS merchants can now scale internationally without the burden of managing multiple providers, contracts, integrations, and reporting systems. Their single back office and API bring clarity and efficiency to what has traditionally been a complex and costly endeavor.