Moroccan fintech PayTic secures $4M to expand payment automation across Africa
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Paytic secures $4 million in seed extension funding to revolutionize payment operations globally - Innovation Village | Technology, Product Reviews, Business
Paytic, an innovative fintech company dedicated to modernizing payment operations for banks, fintechs, and payment processors, has successfully secured $4 million in seed extension funding. This investment round was spearheaded by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF), with additional participation from notable investors including Build Ventures, Axian Group, Mistral, Island Capital Partners, and Concrete. Founded in …
PayTic raises $4.4 million to scale SaaS platform for payment operations
PayTic, a Morocco-based fintech that helps banks and fintechs automate their day-to-day operations, has raised $4.4 million to deepen its presence in the Middle East and Africa and expand its global distribution partnerships. AfricInvest led the funding round with participation from Accion Venture Lab and Mistral VC. Existing investors, including CDG Invest, BVC, Concrete VC, and ICP Ventures, participated in the latest round. The fresh funding …
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