MPTPAY extends Seed round to $10 million with $2 million in new funding
Kiwi Tech supported the development of new payment solutions
In October 2020, startup MPT Pay successfully passed the first stage of investment and was valued by US venture and technology investor KIWI Tech at USD 10 million. KIWI Tech has supported the development of new financial products, such as business payment systems, which every entrepreneur need.
KIWI Tech and MPT PAY anticipate a surge in business accounts opening in the next few years. This is due not only to the arrival of COVID-19 and the transition to online, the closure of businesses and the emergence of new companies that one way or another will need banking services, but also to a user experience that needs to be simplified, allowing the business to focus on their processes rather than the complexities of banking procedures.
