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Mobile Payments

ViVOtech closes series D funding round

Tuesday 27 March 2012 | 12:05 PM CET

US-based NFC software and systems company ViVOtech has closed a series D funding round raising USD 96 million in total venture capital since the company was founded.

ViVOtech is set to use the funding to support the expansion of mobile commerce and rollout of NFC payments services.

ViVOtech provides infrastructure to retailers and other players in the mobile commerce ecosystem. Its software and Point-of-Sale (POS) technologies are used by financial institutions, mobile carriers, smartphone OEM's and online services providers and are integrated with the Isis m-commerce solutions.

In recent news, Isis, a US mobile commerce joint venture created by AT&T, T-Mobile USA and Verizon Wireless, has partnered with global provider of payment services Ingenico, ViVOtech, payment processing and security vendor Equinox Payments and US-based electronic payment services provider VeriFone Systems to integrate the Isis mobile commerce application in current and future product lines.

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