The funding round includes backing from Flutterwave, Techstars, PactVC and Daniel Gould.
"Our mission is to open this up to Android users across the UK and Europe. In doing so, we’re helping businesses grow faster, by taking the pain out of complex payment systems so founders can focus on what’s important: improving the customer experience and developing their business."
The funding round was led by 24Haymarket with participation from ACF Investors to drive international expansion.
"Monterosa's Interaction Cloud platform has demonstrated a unique value proposition to the Company's rights holder and media customers, allowing them to more successfully navigate changing consumer habits and optimise their revenue potential"
Ontario Teachers led the growth private equity round, which values the consumer finance platform at over £3.5bn.
"We are excited to partner with TIP as we accelerate our expansion across products and markets. Our DNA from day one has been to bring transparency and fairness to consumer finance, and we are proud of the fantastic feedback we consistently receive from our customers. TIP is a global growth investor with a long-term view who can support our ambition to make this giant market work better."
The funding round was led by Accel-KKR, with participation from existing investors Shell and Smedvig Capital.
"The past few years have seen a revolution in transport ticketing and payments technology, and Masabi has consistently been at the forefront, time-after-time delivering ground-breaking firsts which have shaped the industry,"
The oversubscribed funding round was led by Par Equity with participation from Orchard Venture Capital and Scottish Enterprise.
"As society continues to transition to cleaner energy systems, we have been experiencing greater demand for our decarbonisation solutions. This demand was reflected in our most recent funding round, with it being oversubscribed."