NAB Ventures leads $30m Series A for payments processor DataMesh
Fintech DataMesh has today announced a $30 million Series A funding round led by NAB Ventures as it makes a push into the global payments processing industry.
The oversubscribed Series A, which also attracted investment from Deutsche Bank and 1835i Ventures, gives DataMesh the capital to take advantage of domestic opportunities and will be used to execute international payment infrastructure deals.
This includes partnerships with Deutsche Bank and in Australia with NAB, which is already piloting DataMesh’s Unify system that provides customers a modular, card present and e-comm capability and adapts to merchants’ existing systems.
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