Jumio nets USD25m mobile payments

Previously undisclosed investors

Jumio, an online and mobile payments company that allows merchants to process credit cards via webcam or phone camera image, has revealed that its USD25m Series B round was funded by previously undisclosed investors Andreessen Horowitz. Andreessen Horowitz general partner Scott Weiss will join Jumio’s board of directors, as part of the deal. Jumio is unveiling a new product called Netverify that can help retailers confirm a customer’s ID by taking a picture of ID documents.

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