Transactis, which pushes its BillerIQ online billing and payment system, has received $11 million in new venture capital from investment firms Safeguard Scientifics Inc. and Star Vest Partners, Internet Retailer reported.
That makes the total Transactis outside investments worth $40 million, the site reported.
Said Transactis CEO Joe Proto: “This funding allows us to expand Transactis’ products and services as we continue to grow our presence in the marketplace through our reseller partnerships.”
We’d love to be your preferred source for news.
Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!
“Transactis sells its software only through resellers, including banks and bill-processing services organizations, that can offer BillerIQ under their own brand names,” the story reported. “The technology is designed to enable online bill presentment and payment on mobile devices as well as desktop computers. It also supports payment acceptance via telephone.”
Add as Preferred Source
