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CashStar secures USD 12 million in funding round

Thursday 27 October 2011 14:01 CET | News

US-based digital gifting and incentives company CashStar has raised USD 12 million in funding round from equity firm FTV Capital and global investment firm Passport Capital.

With the new capital, CashStar plans to expand its retail bank network and develop its digital gifting business. CashStar provides consumers with personalized digital gifting services through email, mobile devices and social channels.

In related news, Mandarin Oriental Hotel Group has also become a partner of CashStar to offer consumer personalised method for gifting and incentives. In recent news, CashStar has added six new restaurant brands to its platform.
 


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Keywords: CashStar, FTV Capital, retail bank network, e-commerce
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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