XSallarate Announces $3.88m Capital Raise for Pin Payments

XSallarate today announced the successful completion of its capital raising for local fintech payment platform Pin Payments <link to website> with Vix Investments. The investment was made up of $3.1m in new direct investment and the conversion of a pre-existing note.

“Pin Payments is a great Australian success story. By joining an investor with such deep domain knowledge and connections with fintech as the Vix group with one of our best up and coming fintech businesses creates the ideal investment outcome” said XSallarate Managing Director Campbell Sallabank.

https://pin.net.au/blog/raising-our-series-a-round