Vend Brings in $25M, Plans International Expansion

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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.

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