Mobile Payment Startup MyCheck Raises $5M

March 29, 2015: Mobile Payment Startup MyCheck has raised $5 million in a Series B round of Santander Innoventures Fund. The company expects to complete the round in a few days and expecting to receive another $5 million investment. 
MyCheck CEO Schlomit Kugler says: "We approached Santander's Innoventures Fund after the fund was announced in July last year," He further adds, "The fund focus on fintech, particularly mobile payments, made it attractive to us. A conversation started, and we connected with Mariano (Belinky, MD of the Santander Innoventures Fund) in September. We have since move through the stages to where we find ourselves today."

MyCheck is a mobile payment technology launched in 2011, it offers easy payment of restaurant bills through it's mobile app. The service available in US, UK, Brazil and Israel.

Share on Google Plus

About Riz Stories

An Electronics Engineer by education, a part-time blogger by passion. He loves everything about technology, hence he writes about it. Interest includes Technology, Startups and Mobile Applications.
    Blogger Comment
    Facebook Comment


Post a Comment

Most Viewed Posts of the Week