CellPoint Mobile Raises Additional £11M in Funding

CellPoint Mobile, a London-based provider of digital commerce and payment solutions for airlines and travel companies across the globe, has raised £11m in equity financing.

The funding was provided by Toscafund Asset Management and managed by Penta Capital, the private equity arm of Toscafund.

The company intends to use the funds to:
– further scale its team globally, and
– drive additional innovation into its platform, especially in the area of intelligent analytics.

To read more, click here.