Waffo, a unified global payments and monetisation platform, has secured a total of $30m in funding as it looks to accelerate the expansion of its international payment infrastructure and support digital businesses scaling across borders.
The latest Series A round closed at more than $15m and was co-led by London-based FinTech investment firm Illuminate Financial and existing investor Gaorong Capital. The round also saw participation from HSBC and BAI Capital, bringing the company’s total funding to $30m.
Waffo positions itself as a modern payments and monetisation infrastructure provider, designed to help digital businesses overcome the complexities of operating across multiple markets.
As companies expand internationally, they often face fragmented local payment methods, regulatory challenges and inconsistent checkout and subscription experiences. These issues are particularly acute for businesses in gaming, AI, SaaS and digital products, where seamless monetisation and dependable payment systems are critical to growth.
Waffo aims to address these hurdles by offering a scalable infrastructure that supports both start-ups and large global enterprises seeking to expand with greater efficiency, operational stability and regulatory clarity.
The new funding will be used to accelerate the development and global rollout of Waffo’s payment infrastructure, strengthening its capabilities in cross-border payments, subscription management and compliance support.
By investing further in technology and international partnerships, the company intends to enhance its ability to deliver consistent and reliable payment experiences across diverse jurisdictions.
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