Paydiant snares USD15m for mobile payment technology

Secured funding for expansion

Mobile payment platform, Paydiant, has raised USD15m in funding from one of its Fortune 500 customers, bringing its funding total to USD35m.

Existing investors include North Bridge Venture PartnersGeneral Catalyst Partners and Stage 1 Ventures also participated in the round. Paydiant’s payment platform works with existing point-of-sales terminals and can be implemented into already existing apps of retailers and banks.

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