PiPiT Global is a payment service provider catering to emerging markets with a robust infrastructure accepting physical cash in 1.4 million pay-in points across 28 countries in Europe, Africa, North and South America, a key differentiator. They have expanded their offerings to include cash out via cardless ATM transactions in the UK, a move that has further strengthened their market presence. While their roots are in the UK, their primary markets have shifted to Nigeria, Kenya, Uganda, Mexico, and Brazil. Over the past two years, they have diversified their services, offering mobile money payments, bank payments, and alternative payments in 48 countries. Pipit's extensive reach in Sub-Saharan Africa with access to 300 million mobile money accounts showcases their understanding of the local landscape, providing a key advantage. Moreover, their bridge to Africa model is revolutionary, providing comprehensive solutions including payments and disbursements, agency licensing, FX exchange for 18 African currencies, and global USD settlement, addressing the critical pain points for merchants. The recent €300.00K Equity Crowdfunding investment led by Spark Crowdfunding in May 2021 underlines investor confidence and sets the stage for PiPiT's continued expansion and innovation in the fintech and financial services space.
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