QuickPay Corp. raises USD5.5m in additional funding

Receives funding.

QuickPay Corp., a provider of mobile parking payment solutions, has announced an additional funding of USD5.5m.

QuickPay investors include both Silicon Valley angel investors and several groups with expertise and large networks in next-generation mobility relevant to the company’s growth.

“We are really excited about this new funding and our great set of investors with highly relevant networks and expertise,” said Barney Pell, Chairman and CEO, QuickPay. “This new funding will help us scale our smart parking platform to a nation-wide footprint.”

“Smart parking is a segment of the next-generation mobility sector that is heating up substantially,” said Chris Thomas, Co-Founder and Managing Director, Fontinalis Partners, and Member of the Board, QuickPay. “We are incredibly excited about QuickPay’s successes to date, the platform they are building and the way their team is approaching this opportunity.”

Fabienne Herlaut, Founder and Managing Partner, Ecomobilite Ventures, said, “We are extremely pleased to support QuickPay, as we believe that the technology developed by the team will accelerate the emergence of more fluid parking solutions, which in turn enable more efficient mobility overall.”

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