Germany-based mobile point-of-sales (mPOS) startup payleven is today announcing a fresh $10 million in funding, bringing its total capital raised to $51 million.
The mobile payments company, which is duking it out with iZettle and SumUp in Europe, has attracted a new investor to its Series D funding round with the addition of Seventure Partners.
Also chipping are prior backers such as Holtzbrinck Ventures, ru-Net, B Cinque, New Enterprise Associates and MePay.
The new cash will be used to foster payleven’s growth through 'the expansion into new products and the acceleration of customer acquisition'.
Also read:
Payleven strikes deal with American Express for exclusive ‘business bundle’ distribution partnership
Swedish fintech startup iZettle raises €60 million in Series D round
Euro fintech company SumUp raises another €10 million from American Express, Groupon and BBVA
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