SAFTPAY, Inc., a secure global payment system designed to eliminate fraud and safeguard consumer financial information in online transactions, has secured six million dollars ($6,000,000 US) in Series A funding. To guard against the ongoing threat of online fraud, the SAFTPAY proprietary model releases absolutely no customer financial data while handling payments of an online […]
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Mobile payments solutions provider, PayMate India, has raised $9 million (Rs 38.57 crore) in second-round funding. “Mobile electronic payments are the way of the future in India. PayMate has figured out how to unleash the potential of the phone as the primary transaction terminal for the over 260 million mobile users in India,” said Nikhil […]
BuySAFE Inc., an Arlington, Va.-based provider of security solutions for online shoppers, has secured $2.7 million of a $5.12 million Series D round. The company offers merchants who pass a rigorous inspection process a buySAFE seal for their e-commerce sites. If the site carries the seal, a buyer’s purchases can be covered by a bond […]
Obopay, a three-year-old mobile payments startup, has scored $20 million in additional funding, CEO Carol Realini told me this afternoon. She and other Obopay executives contributed to the round by wiring their investments to the company coffers by way of their Obopay accounts on their mobile phones. Obopay wants to be *the* way to send […]
Vindicia Inc., a leading provider of on-demand payment management software, today announced that it has secured $5.6 million in series C financing. Vindicia offers an integrated, on-demand billing and fraud management solution for online merchants. Vindicia CashBox(TM) is a best-of-breed billing system for creating and managing recurring and real-time payments and helps merchants improve customer […]
Zuora, Inc., a new company that simplifies online subscription services, today announced that it received a $6.5 million Series A round of funding. “The Zuora team pioneered the subscription billing models at WebEx and Salesforce.com, where customers pay-as-they-go, removing the friction associated with high-priced license-based models,” said Mr. Fenton. “The team’s deep understanding of complex […]
Online video provider Akimbo Inc., which focuses on monetizing video over the Internet from content providers’ own Web sites, said it received a new round of funding. San Mateo-based Akimbo said it “supports multiple business models including ad-supported, transactional, subscription, download-to-own, download-to-burn, pay-per-minute, gift cards and account credits.” The round was for $8 million, according […]
Jackpot Rewards raised $16.7 Million in its series A financing. Jackpot Rewards is a new online rewards program that is the Web’s best place to win big, save big, and give big. Jackpot Rewards provides consumers with the most cash back on online purchases as well as exclusive deals and discounts. Members are automatically entered […]
TrialPay Inc., a leader in alternative payments closed $12.7 million in a Series B round of funding, bringing the total amount raised to $15.8 million. TrialPay unites advertisers, merchants and shoppers to create the first payment platform that benefits all parties. Using TrialPay, merchants turn lost and indecisive shoppers into paying customers by giving away […]
Belgium-based payments systems vendor Clear2Pay NV has raised EUR10 million in an internal funding round. Clear2Pay’s solutions within the Service-Oriented Architecture (SOA) based Open Payment Framework offer financial institutions the ability to process payments through a centralised payments engine that utilises a library of re-useable business services across all payment types. The bank can thus […]
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