Vend Brings in $25M, Plans International Expansion

SB1
What's Next In Payments®
5:38 AM EDT March 26th, 2014

Fast-growing New Zealand start-up Vend has raised $25 million in investment funding and is eyeing international expansion.

Vend offers consumers an HTML POS that promises to work on any platform or device, whether or not they are connected to the internet.

“2014 is going to be a very big year for Vend,” said CEO Vaughan Rowsell in a statement. “With the support of Peter Thiel and Square Peg Capital, the additional funding will accelerate our North America, U.K. and Europe plans, allowing us to grow our major market and extend into small and independent retail shops across the continent”

This newest round of funding brings Vend’s total raised capital to $30 million.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source

Comments
Also by This Author
What's Hot
B2B Payments
Citi Launches Tablet App For Corporate Clients
Europe
Non-Cash Transactions On The Rise Globally
News
Criminals Currently Winning The War On Cybercrime
B2B Payments
Strip Ecosystem Getting A $10 Million Venture Capital Boost
View All Articles ››
You May Also Like
News
First Impressions: A Separate PayPal and eBay
Cool
PayPal Sans eBay – Now What?
B2B Payments
Citi Launches Tablet App For Corporate Clients
Europe
Non-Cash Transactions On The Rise Globally
View All Articles ››