Hailo Raises $30 Million In Funding, Looks Towards Tokyo Launch

What's Next In Payments®
3:49 PM EDT February 5th, 2013

On-demand taxi service Hailo has created a Japanese subsidiary and raised $30 million in funding as it looks to expand to Tokyo.

Japanese telco KDDI was heavily involved in the funding, and, with its subscriber base of 36 million, can help Hailo gain traction in the Japanese market, as TechCrunch notes.

Union Square Ventures, Richard Branson and others also contributed to the funding.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
News
Analytics Firm Qubit Picks Up Funding
News
MasterCard Gives Biometrics Start-Up A $14M Boost
Loyalty & Rewards
Google Wallet’s Loyalty Lift
Loyalty & Rewards
Online Marketplace Fashionism’s Rewards Innovation? Cash Rewards
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
PayPal Makes It Easy For Businesses To Attach Invoicing Information
B2B Payments
Why B2B Payments Is Ready To Be Disrupted
B2B Payments
What Kind Of Stamp Will VCs Leave On The B2B Payments Ecosystem?
B2B Payments
Credit Junction Pulls In $2 Million Seed Funding
View All Articles ››