Pollinate Launches With £60M in Funding To Date
Summary
Pollinate, a London, UK-based provider of a new merchant services platform, has launched with £60m in funding to date. Conceived in 2017, Pollinate provides a cloud-based services platform powering merchant and consumer digital experiences including onboarding, portals and loyalty programs, without migrations. Pollinate also helps banks understand and engage with their customers and build relationships with their merchants and consumers alike. The first deployment of the system took place in Spring 2019 with the launch of the Tyl by NatWest merchant services business in the UK, and Pollinate is now in advanced discussions with other retail banks around the world. Pollinate is run by a team of executives from the Payments, Technology and Loyalty industries including Al Lukies CBE, Jonathan Hughes, Fiona Roach Canning, Tim Joslyn, David Beresford and Anna Moore.