funding

Billing Revolution raises $6.6 million

May 17, 2011 - 9:48am | News | Mobile finances
Billing Revolution raises $6.6 million

A provider of mobile payments Billing Revolution announced its $6.6 million in Series B funding, led by global venture capital firm, DCM, and returning founding investor, SK Telecom Ventures.

Billing Revolution allows mobile users to buy digital and physical items across all mobile operating systems with a single click, solving an important pain point and adding ease of use for consumers in mobile payments.


-1 points

Twitter has “a lot of money”

November 18, 2010 - 3:30am | News | Other themes
Twitter has “a lot of money”

Evan Williams, a co-founder of the popular microblogging website Twitter, refuted speculations that the company has any plans to raise a large round of funding. Williams told an industry gathering in San Francisco on Wednesday that Twitter has "a lot of money in the bank." He declined to comment on whether the company was in discussions with investment firms about funding.


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Zuora has got $20 million in a Series C round

November 11, 2010 - 4:07am | News | Payment systems
Zuora has got $20 million in a Series C round

 Zuora has announced that it has received $20 million in a Series C round of funding led by Redpoint Ventures. Zuora’s existing investors, including Benchmark Capital, Shasta Ventures and Tenaya Capital, also participated. To date, the company has raised $41.5 million in funding.


-1 points

Mocapay closes funding round with $3.0 million

September 17, 2009 - 3:49am | News | Payment systems
Mocapay closes funding round with $3.0 million

Mocapay, that provides the only mobile commerce platform supporting integrated mobile payments, marketing and distribution at point-of-sale, announced Wednesday about securing of $3.0 million in funding from Spartan Mobile, Lacuna and other investors.

Mocapay’s CEO Kevin Grieve said, that the company is delighted to have Spartan Mobile as the lead investor in this round and believes it will support actively Company’s guide.


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$8 million for m-payment system raised by Bling Nation

July 9, 2009 - 5:37am | News | Payment systems
$8 million for m-payment system raised by Bling Nation

Mobile payment infrastructure service Bling Nation raised $8 Million in Series A funding to set up the required infrastructure for its Redi Pay Bling mobile payments service. Thus, leading investor Light Speed invested $6.3 million and the rest of $1.7million was funded by Meck.  


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How HSBC tries to avoid bailout from the government

April 13, 2009 - 8:39am | Banks and internet banks | News
How HSBC tries to avoid bailout from the government

HSBC Holdings has announced it was considering selling some of its key properties with the aim of raising cash and avoiding taking a bailout from the U.K. government. The Sunday Times says, the total sales could reach 2.7 billion pounds ($3.96 billion).

One of the properties under discussion is the 45-story tower, also known as Canada Square. HSBC plans to sell its Fifth Avenue skyscraper in New York and its Paris offices on the Champs Elysees, as well. 


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Prepaid Visa cards can be funded through MoneyGram

March 11, 2009 - 4:34am | News | Plastic cards
Prepaid Visa cards can be funded through MoneyGram

MoneyGram International, a leading provider of global payment services, and Visa Inc, announced this week that they are launching a new program Visa ReadyLink. The program represents Visa’s prepaid load network in MoneyGram’s 40,000 agent locations across the United States which will be providing underserved consumers with more convenient options to add funds to their Visa reloadable prepaid cards.


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€6 million invested in Clear2Pay

December 17, 2008 - 2:46am | News | Payment systems
€6 million invested in Clear2Pay

‘Encouraged by the sales success and implementation progress of the past year’ investors of Belgium-based provider of payments technology to banks Clear2Pay funded €6 million to the company. Current investors of Clear2Pay include AGF, IRIS Capital, Big Bang Ventures, GIMV, Trust Capital and management. Jurgen Ingels, co-founder and CFO of Clear2Pay, noted that their investors wholeheartedly support the strategy currently executed by the company.


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StrictPay, let’s strictly look at it (part 1)

November 3, 2008 - 1:33pm | Articles | Ecommerce-checked
StrictPay, let’s strictly look at it (part 1)

[img_assist|nid=11042|title=|desc=|link=none|align=left|width=92|height=100]Focusing on all the electronic payment systems in the world our journal however is first of all seeking to cover the newest events and developments in digital money sector. There is a comparatively young payment service on the Internet that attracted our attention. As long as the name of the processor suggests it to be a serious and respectable business we couldn’t help passing it over with silence. We decided to take a look at it.


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