Alyson Joyce, a co-founder of this Australian-based Fintech startup has PNG origin
What makes this Australian fintech startup, Touch2Pay worth mentioning here is that one of its co-founders Alyson Joyce is a multifaceted entrepreneur and artist of PNG origin.
Smart Company reported that eleven Australian fintech startups raised $140 million this week. Amongst the 11, Touch2Pay, a Brisbane-based payments startup founded in 2020 by CEO Stanley Hancock, Alyson Joyce, Singapore-based JM Parc, and Australian fashion retailer Rob Cromb closed a $3.2 million pre-Series A2 funding round, bringing its total investment raised to $6.3 million to date.
The company offers both payment terminals and softPOS technology, in partnership with PHOS Ingenico for both Android and iOS platforms as reported.
The payments-as-a-service startup has not disclosed where the new funding comes from, except to say it has been provided by “a mix of existing and new investors”.
“The closure of this funding round is a significant milestone for Touch2Pay,” said Hancock in a statement.
“It not only validates our vision but also empowers us to continue our journey in transforming the payments landscape.
Our commitment to innovation and customer-centric solutions has been instrumental in driving our growth, and we are excited about the new opportunities this capital injection will unlock”.
In August this year, Touch2Pay acquired Thumbzup Australia, strengthening its terminal aggregation strategy.
“This landmark deal signifies Touch2pay’s ongoing commitment to strengthening its terminal aggregation strategy and underscores its determination to release the latest Android payment terminals with smart tech payment processing capabilities in the Australian market” the company reported.
