Fransabank to invest $2.5M investment in Lebanon’s Pinpay

Lebanon’s leading fintech startup, Pinpay, is to receive a $2.5 million investment from Fransabank.The mobile payment and bill aggregation platform, which was founded in 2011, currently has Bank Audi and Bankmed signed up to the platform so all account holders at these two banks are able to make mobile payments.According to a report from Businessnews.com.lb, Fransabank will be using Pinpay’s services for their customers and “will stop operating the Simba mobile payment application...

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