peerTransfer Raises $6.4 M of Seed Funding

  • Posted By:
  • 0 Comments... What do you have to say?

peerTransfer

Seed: $6,400,000

Founded: 07/2009
Industry: eCommerce

More Here

Boston, Massachusetts – peerTransfer, a leading provider of global payment solutions for the education industry has raised $6.4 million of seed funding from QED Investors, Nigel Morris, FIDES and KIBO Ventures and participated by existing investors Spark Capital and Maveron.

“In the international payment market, trillions of dollars move across borders in a process that is full of inefficiencies and excessive costs for the payer and the recipients. At peerTransfer, we are excited to continue our global expansion and invest in new products that will further improve the process of making and receiving international payments.” said Iker Marcaide, Founder and CEO of peerTransfer.

The new capital will be used for accelerating the plan for expansion in the world market and also for new product development.

 
Funding

Funding Total: $6,400,000

Round Date Amount Pre Amount Post Amount
Seed 06/2013 $6,400,000
Investors: QED Investors, FIDES Capital Partners, Kibo Ventures, Spark Capital, Maveron

See all fundings here

 
Founders

See an Error? Contact Us

Comments are closed.

venture capital update google plus page Get updates on Google Plus
venture capital update on facebook Get updates on Facebook
venture capital update on twitter Follow fundings on Twitter
venture capital update on pinterest Visit our Pinterest Page








Subscribe here
TwitterCounter for @longest

Follow here



Venture Capital News


Directories


Site Information

    About: I work at Phase One Accelerators and you can find me on and at Brian Longest on LinkedIn.

    Share Us on