Paytia closes its pre-Series A to boost telephone payment compliance

Bloc Ventures


Bloc Ventures, Company News

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Paytia, a telephone payment compliance service, has closed its pre-Series A funding round on £1.2m, which was led by Bloc Ventures.

With the capital injection, Paytia will increase its operational capability, increase the size of its team and build new products which will complement its existing offering.

Founded in 2016, the FinTech leverages technology to ensure customers are protected and remain in control of their card data throughout any customer not present payment transactions. The cloud-native platform provides businesses with scalable means to take card not present payments from customers and meet compliance with PCI-DSS standards, without breaching regulations.

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