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Toscafund and Penta Capital invest Β£25m to boost CellPoint Digital's airline payment orchestration and global growth

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CellPoint Digital
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Kristian Gjerding
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Toscafund; Penta Capital
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Β£25m
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London, United Kingdom
Nov 21, 2024

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CellPoint Digital, a London-based payments tech leader for the travel and airline industries, has raised Β£25m in a growth round from Toscafund and Penta Capital. Founded by Kristian Gjerding, the company specialises in payment orchestration solutions, including its new Offer Order Settle Delivery (OOSD) platform, which streamlines payment processes, enhances revenue, and optimises customer experiences for travel brands.

The funding will drive global expansion, support existing partnerships with major players like Riyadh Air and Sabre, and enhance the company’s Alternative Payment Method (APM) hub. CellPoint Digital's solutions increase authorisation rates, reduce transaction costs through multi-acquirer models, and provide transparency across payment operations.

The OOSD platform modernises airline retailing by enabling real-time order management, personalised offers, and seamless payment integration. This funding positions CellPoint Digital for long-term scalability, meeting the growing demand for advanced payment technology across the travel sector. Investors praised the company’s strong market position and significant growth potential in the rapidly evolving travel ecosystem.