PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

PCI Pal is a global provider of secure payment solutions. PCI Pal’s globally accessible cloud platform empowers organizations to take cardholder-not-present payments securely without bringing their environments into scope of PCI DSS and other card payment data security rules and regulations.

Oaklins Cavendish, based in the UK, closed a heavily oversubscribed US$4.5 million equity raise for PCI Pal.