mPay Gateway Secures $716,299 New Financing

  • Feed Type
  • Date
    2/14/2011
  • Company Name
    mPay Gateway
  • Mailing Address
    212 3rd Avenue North Minneapolis, MN 55401
  • Company Description
    Introducing simple web based software that automatically estimates your patient’s responsibility for an encounter and allows you to start collecting that money from the patient before they leave your office. You don’t have to worry about adjudication issues getting between you and your patient. With high deductible and cost-shifting requiring you to collect more from your patients, the cost of collecting from your patients is becoming a large expense and hassle. Collecting from consumers is difficult and costly.
  • Website
    http://www.mpaygateway.com
  • Transaction Type
    Debt
  • Transaction Amount
    $716,299
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. Amount includes options, warrants or other rights to acquire another security. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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