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Mobile Payments

Payconiq raises EUR 20 mln in capital for further development

Thursday 25 July 2019 | 08:38 AM CET

Payconiq, a Luxembourg-based mobile payments platform, has raised over EUR 20 million in a funding round led by its existing shareholders.

The mobile payments platform has built a sustainable ecosystem through an open-API approach and flexible microservices, focusing on consumers, merchants, and banks.

The latest funding will be used to speed up new developments and generate a closer integration with banks and merchants, as well as to consolidate Payconiq’s presence in Benelux.

So far, 60,000+ merchants across Belgium, Luxembourg, and the Netherlands trust Payconiq’s plug-and-play platform. For more information about Payconiq, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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