Innovative AI fintech addresses €15B+ market with secure card-not-present payments & refunds, eliminating chargebacks and growing sales by turning 'payments into conversations' for businesses.
DUBLIN, IRELAND, January 22, 2026 /24-7PressRelease/ -- Payemoji, a leading innovator in AI-powered payments and conversational commerce, today announced the launch of a €1 million investment round to accelerate its growth and expand across European markets. The funding will fuel enhanced sales and marketing initiatives, new partner integrations, and continued product innovation.
Card-not-present (CNP) fraud now accounts for 70-90% of all card fraud losses globally, costing merchants over €15 billion annually across the UK, US, EU, and Australia alone. Beyond direct fraud losses, merchants face mounting chargebacks, PCI compliance costs, and growing consumer reluctance to share card details over the phone.
Payemoji transforms how businesses handle payments, refunds, and customer engagement by enabling secure, natural conversations across messaging platforms such as WhatsApp, SMS, and email. Through seamless integration of agentic AI into everyday chats, the platform eliminates merchant chargebacks, combats card-not-present (CNP) fraud, ensures full PCI compliance, and helps merchants increase sales through personalized customer interactions.
Backed by strong momentum and trusted by major enterprises and partners—including AIB Merchant Services (Fiserv), Cover-More Group, Pizza Hut, FireFish Software, and Loxo —Payemoji has delivered measurable impact. Results include chargebacks eliminated on high-volume CNP transactions and automated refund campaigns that meet regulatory requirements with minimal IT overhead and AI automations.
"The shift to AI-powered payments and refunds through conversational commerce is accelerating as businesses seek frictionless, secure ways to engage customers where they already spend time—on messaging apps," said Mick Higgins, CEO & Co-founder of Payemoji. "This €1 million round will accelerate our partner-first strategy, helping us onboard more payment gateways, CRMs, and enterprises while scaling our proven, cloud-native platform. With over 3x year-on-year revenue growth, we're excited to bring AI-powered payments to even more businesses across Europe and beyond."
To date, Payemoji has raised more than €4.0 million from private angel investors and Enterprise Ireland (€350k). The company projects continued strong growth driven by its mature AI platform, expanding partner ecosystem, and a robust pipeline of enterprise customers.
About Payemoji - An Irish AI Fintech redefining how businesses engage and transact with customers. By turning payments and refunds into secure, AI-powered conversations on WhatsApp, SMS, and email, Payemoji helps merchants eliminate fraud, reduce chargebacks, ensure compliance, and drive meaningful customer engagement. Trusted by leading brands such as Pizza Hut, Cover-More Group, and AIB Merchant Services (Fiserv), Payemoji is at the forefront of the AI payments and conversational commerce revolution.
Key Highlights
• Card-not-present (CNP) fraud now accounts for 70-90% of all card fraud losses globally, costing merchants over €15 billion annually across the UK, US, EU, and Australia alone.
• Operating in the $13.5B AI Payments market, growing at 10.2% CAGR to 2030
• Delivering Zero-IT secure portals, developer APIs, and agentic AI automation
• Trusted by global brands for fraud elimination, PCI-compliant payments, and automated engagement
• Recognized with multiple awards, including AI Solutions Provider of the Year 2025 and Central Bank Innovation Sandbox 2026
• Experienced leadership team with 80+ years combined experience and successful exits to Akamai, IBM, and Tel.Pacific
Website: https://www.payemoji.com
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