Tech Company Financing Transactions
Payleven Funding Round
Payleven closed a $10 million investment round on 2/12/2016. Investors included HV Holtzbrinck Ventures, New Enterprise Associates and ru-Net.
Transaction Overview
Company Name
Announced On
2/12/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Payleven is not getting very specific about how it plans to use the funds, except to note that it will go towards expansion into new products and the acceleration of customer acquisition.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Pappelallee 78
Berlin, 10437
Germany
Berlin, 10437
Germany
Phone
Website
Email Address
Overview
Payleven is a device that can be attached to iOS or Android smartphones or tablets which allows credit card processing. The device enables merchants to provide their clients with debit and credit card payments via their smartphones or tablets, offering an alternative to traditional card payment terminals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Rafael Otero
Co-Founder
Konstantin Wolff
Browse more venture capital transactions:
Prev: 2/12/2016: IdealSpot venture capital transaction
Next: 2/12/2016: Jisto venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs