Investment: “CellPoint raises $34M”
An AI-led payments platform for airlines and hospitality, CellPoint raised $34M in funding in a round led by Toscafund (managed by its PE affiliate Penta Capital).
Led by Group CEO Kevin Murphy and Chairman Michael Kelly, CellPoint’s Zenith platform operates as an AI decisioning layer above existing payment orchestrators to turn payment data into automated commercial decisions, raise approval rates, cut payment costs, and recover lost revenue without requiring a total overhaul of existing tech stacks. The company serves clients globally across the airline and hospitality industries.
The company intends to use the funds to build its Zenith platform, accelerate product development across data and AI, add 50 new roles, and scale operations across Europe, the Americas and Asia.
