Petal Group Secures $18 Million from Quintas Capital to Expand in UAE and Ireland
Petal Group, a fast-growing fintech company focused on digital payment solutions, has successfully secured $18 million in a recent funding round led by Quintas Capital. The newly raised capital will power the company’s efforts to scale operations in the United Arab Emirates (UAE) and Ireland.
Founded in 2019, Petal Group has rapidly gained traction in the financial technology sector with its innovative suite of digital payment products. The company’s platform enables businesses and consumers to process transactions seamlessly, offering features like multi-currency support, real-time analytics, and robust security protocols.
The decision to expand in the UAE and Ireland comes amid increasing demand for digital payment solutions in both markets. The UAE’s fintech scene is witnessing notable growth, while Ireland’s tech-friendly environment makes it an ideal entry point into the wider European market.
“This funding marks a pivotal moment for Petal Group as we accelerate our international strategy and enhance our platform’s capabilities,” the CEO said. “We are committed to empowering more businesses with efficient and secure digital payment tools.”
Petal Group expects to bolster its product development teams in Dubai and Dublin, and plans to form strategic alliances with local banks and technology partners. Additionally, the company aims to introduce advanced features in payment automation and fraud prevention.
The latest round brings Petal Group’s total funding to more than $30 million, positioning the fintech firm among the region’s well-capitalized startups poised for international growth.
Team V.INO-LNK
