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'.
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