Uber Rival Hailo Sets Its Sights On NYC

What's Next In Payments®
3:34 PM EDT December 25th, 2012

London-based taxi app Hailo is set to close $30 million in funding, The Series B funding round is likely being led by Fred Wilson of Union Square Ventures, according to TechCrunch, as Hailo plans its U.S. expansion.

VentureBeat reported that this new round values the London-based company at $140 million, multiple sources tell All Things D. Hailo raised $17 million in a first round from Accel Partners, Wellington Partners, and Atomico in March.

Read the full story here.

Comments
Also by This Author
What's Hot
News
Square Launches Register App Platform
News
Etsy Debuts mPOS Solution
Merchant Innovation
Ron Johnson’s New Company To Focus On Shopper Decisions
B2B Payments
WEX and Sinclair Oil Strike Long Term Contract
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Tungsten Spent $6.5 Million for DocuSphere
Company Spotlight
Inside the Future of Commerce, Post Apple Pay
Alternative Financial Services
Death Threats, Fraudsters and Lawsuits
News
How to Overcome the 10 Most Common Cyber Threats
View All Articles ››