M-commerce firm Tapingo raises USD3.5million

First funding round

San Francisco-based startup Tapingo has raised USD3.5 million in its first funding round from Carmel Ventures. Available on both the iPhone and phones powered by Google’s Android OS, Tapingo offers an m-commerce platform for students. Available on a number of US campuses, it allows users to browse stock in campus stores and make purchases via a number of options, including credit cards, PayPal and any campus cards. The startup says it plans to use the funding to boost sales and marketing.

“We are seeking to make Tapingo the mobile ordering service of choice on college and university campuses through the US,” says CEO Daniel Almog.

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