Prolaz POS d.o.o. Secures $124M in Funding for Innovative FinTech Payment Solutions

We are thrilled to announce that Prolaz POS d.o.o., a rapidly evolving FinTech company specializing in payment solutions, has successfully raised an impressive €124 million in its latest funding round. This significant capital influx will further enhance our innovative offerings as a Third Party Service Provider (TPP) within the payment industry, reinforcing our commitment to delivering cutting-edge transaction solutions across Europe. In a market where efficiency and cost-effectiveness are paramount, Prolaz POS d.o.o. is dedicated to reducing terminal operating costs for bank acquirers while simultaneously lowering merchant transaction fees, ensuring a win-win for all stakeholders involved. Our unique name, "Prolaz," meaning "passage" or "gateway" in Croatian, embodies our core mission of facilitating seamless transaction routing and switching capabilities through our PCI-DSS compliant network. With this funding, we aim to expand our direct connections to local acquirers and accelerate our ability to bring new acquiring features to market swiftly. Additionally, these resources will enable us to innovate further and introduce advanced services tailored to the diverse needs of our merchants. As we embark on this exciting next chapter, we thank our investors for their confidence in our vision and invite our partners and clients to join us on this journey to redefine the landscape of payment processing in Europe and beyond. Together, we will help pave the way for more efficient and secure transactions that will benefit businesses and consumers alike.