Paymo Secures $5,000,000 New Financing
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8099c348-4ca0-4bf4-b2f6-7d903670245f&Preview=1 -
Date
7/31/2008 -
Company Name
Paymo -
Mailing Address
P.O. Box 190725 San Francisco, CA 94119 -
Company Description
Paymo is the new, easy way for consumers to pay for online purchases using their mobile phone. Paymo mobile payment solutions connect online merchants with the 3+ billion consumers that own a mobile phone, allowing consumers anywhere in the world to buy online and pay with their mobile phone. For merchants, accepting Paymo opens the door to billions of new consumers for whom Paymo is a fast, easy and secure way to pay online. -
Website
http://www.paymo.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
This funding will be used to accelerate product development and marketing. -
M&A Terms
-
Venture Investor
Undisclosed
