Burbank, a UK-based FinTech company pioneering advancements in next-generation payments technology, has secured £5m in Series Seed funding to support the global launch of its innovative platform, Card-Present over Internet (CPoI).
The seed round was led by Mouro Capital, with additional backing from Anthemis, supported by Foxe Capital, Portfolio Ventures, and other unnamed investors. The fresh capital injection is aimed at accelerating the rollout of Burbank’s payment solution across international markets.
Burbank’s core product, CPoI, brings the familiar in-store card-present experience—typically involving a tap and PIN entry—to online environments. This development addresses a longstanding limitation in e-commerce by shifting away from card-not-present (CNP) transactions, which are more susceptible to fraud, chargebacks and transaction declines.
Burbank CEO Justin Pike said, “We are extremely excited to bring this evolution in payments to the world. The payments experience should be the same for everyone, regardless of channel. In-store we pay by tap and PIN, which is globally trusted and familiar, and now, for the first time ever, we’re enabling the same process in online channels. Simple, secure, and scalable. The way it should be.”
Mouro Capital general partner Manuel Silva Martinez said, “I’m thrilled to support Justin and his team of payments experts. Burbank offers a simple, seamless integration through a single while-label SDK, which securely integrates into existing technology stacks, and supports multiple schemes on iOS and Android. It’s what the market needs.”
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
