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Mobile Payments

Mobile payment startup Ezetap raises USD 23 mln in Series C funding

Monday 10 August 2015 | 09:44 AM CET

Indian mobile payment startup Ezetap has secured USD 23 million in Series C funding from Horizons Ventures (the private investment arm for Li Ka-Shing), Capricorn Investment Group and existing investors.

In 2014, the startup raised USD 8 million from Helion Advisors, Silicon Valley-based Social+Captial Partnership and Berggruen.

Ezetap was founded in 2011 and its solution turns any merchant’s mobile device into a point of sale that is able to read cards and complete a range of financial transactions, including credit card sale, bill payment and ATM cash withdrawals or deposits.

More: Link
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