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
Alternative Financial Services
New Partnership Set To Boost B2B eCommerce
Alternative Financial Services
University of Dubai Opts For New ERP System
B2B Payments
CMS Payments Site Heading For More Downtime
News
Visa’s Worst Nightmare: Smarter Bankers
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
Alternative Financial Services
New Partnership Set To Boost B2B eCommerce
Alternative Financial Services
University of Dubai Opts For New ERP System
B2B Payments
CMS Payments Site Heading For More Downtime
News
Cash Use—Is It Just An Age Thing?
View All Articles ››