Thursday, February 6, 2014

Maveron Re-Ups On PayNearMe

Seattle-based venture investor Maveron has re-upped its investment in mobile payment provider PayNearMe, joining in a new, $20M funding for the startup. PayNearMe provides a service to let customers pay in cash at 7-Eleven, ACE Cash Express, and Family Dollar stores for online debit cards, allowing those without a credit card or checking account to access online services. The Series E funding was led by GSV Capital, and also included August Capital, Khosla Ventures, and True Ventures, in addition to Maveron. More information »