The funding will be used to support global expansion, product development and team growth, while also extending the company beyond its core issuer processing business into adjacent areas including credit, stablecoin, tokenisation and AI-driven services.
Paymentology provides cloud-native issuer processing technology for fintechs, digital banks and financial institutions, and says it operates across 68 countries. The deal highlights continued investor interest in payments infrastructure as financial institutions look to replace legacy systems with more flexible, real-time platforms.
The company said the new capital will help it support existing and future clients as demand grows across international markets.