3V Transaction Services bags funding

Expanding in US and Europe

3V Transaction Services (3V), a payment platform provider, has raised EUR5million in a Series B investment led by Atlanta-based TTV Capital. The company says it will use the investment to fund further expansion into US and European markets in 2013.

3V develops payment platform technologies designed to allow mobile operators and online retailers to offer payment features and functions to customers. The firm combines mobile, card and web-based technologies into one solution for both issuing and acquiring payment applications. In addition, it provides a suite of functionality that includes real time global P2P transfers, NFC and QR Code Acquiring.

3V says it is well poised to exploit the growth in payments by non-financial institutions.

Related reading

Leave a comment