Mozido, a cloud-based mobile payment, shopping and marketing platform provider, has received the first $30 million of a $70 million institutional investor round led by an undisclosed Boston-based fund, the company announced in a December 4 press release.
The fundraising will be used to facilitate future acquisitions, as well as underpin Mozido’s global growth aspirations.
Mozido also announced that Ric Duques, a former executive for First Data, will serve as the company’s chairman of the board.
To learn more about Mozido’s recent developments, read the full press release here.
“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.
