Carrier Billing Competition: Fortumo Raises $10 Million

What's Next In Payments®
5:09 PM EDT February 21st, 2013

Estonian-based mobile carrier billing specialist Fortumo has raised $10 million in funding, according to TechCrunch. Intel Capital and GreyCroft Partners led the round.

Fortumo also announced new deals with two carriers: China Mobile and Vodafone. The company already claims to integrate with 300 carriers across more than 80 countries.

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