Start-up company Jumio, specializing in mobile and online payments, has secured $25.5 million USD in a recent funding round. Investment firms have yet to be disclosed but this is a huge statement for the upstart company who in March 2011, secured $6.5 million USD in Series-A financing led by Facebook co-founder Eduardo Savarin.
As current CEO and founder Daniel Mattes’ second successful start-up, Jumio aims to simplify online and mobile payments. Daniel is no stranger to the world of venture capital finance as he was behind the VoIP success Jajah, selling in 2009 for $207 million USD to Telefonica in an all cash deal.
Jumio’s lead product is Netswipe, with many options from basic processing to a mobile application and even a wordpress blog payment plug-in. For more information on Jumio, please visit www.jumio.com.
By Evo Canada Merchant Services
Connections are all around us, from daily use of smartphones to highly enabled Web 2.0 sites, people and businesses communicate and transact in more ways than ever before. Many look solely to technological advancement, as the catalyst for innovation but what we often forget is the work that goes on before a new technology comes to life.
A simple idea based on the desire to fulfill a need generally forms the basis for technological advancement. In order to properly understand what needs are left unfilled, one must have a clear understanding of their respective “ecosystem” in order to find solutions to current and/or future problems.
As for payment processing, there are a plethora of options merchants may or may not know are out there and need guidance to decide on what may be the best for their business and customers. Further, more people are interacting and sharing info with brands and products of preference, creating a world of opportunity on how to use this data to connect longer and deeper with customers.
Merchant service providers are at the frontline of technology and understanding the needs of customers. They are trained to be knowledgeable on emerging technology and grasp the fundamentals of each of their client’s “ecosystems” and business infrastructures. As such, they can provide insights into how to optimize payment-processing systems and connect with customers on new levels by incorporating technology.
Work with a merchant service provider more closely and go beyond basic payment processing needs to brainstorm new ideas. Instead of viewing technology as innovation, see it more as a tool for business advancement and get “hyper-connected” to customers sooner.
By Evo Canada Merchant Services
EVO Merchant Services Corp.-Canada is proud to report that it continues to experience unprecedented growth in Canada.
Credit and Debit card Processing in 2011 has doubled from 2010 to more than $1 Billion in volume and CAGR new account growth rates are more the 357% over the past two years
Mark Lachance, President of EVO CANADA attributes the phenomenal growth to his teams focus on partnerships with clients.
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“EVO’s goal is to help small business across Canada maximise their profits. Not only can we help them reduce payment processing costs, but we work with our clients to get to know their business and offer them additional products or services that could increase their bottom line” Kevin Lavigne, COO at EVO CANADA adds “our customer centric focus is really the key to our success. We are continually working to provide the newest technology to help our customers. In 2011 we launched the EVO iPhone and iPad credit card acceptance applications, EVO ePay, China Union Pay Card acceptance and a new website and blog to name but a few .The Customer is King is our mantra and we remain focused on continued growth under that vision in 2012.
EVO Merchant Services is in the largest privately held credit card processor in North America. By the end of 2011, EVO will actively service 315,000 merchant customers businesses of all sizes, in various industries, in the US and Canada focusing on the small to midsized merchants.. EVO CANADA is headquartered in Montreal, Quebec and is a “single source” for the full range of electronic payment services. EVO offers several processing options, thus approving 98% of the merchant applications it receives. Visit www.evocanada.com for more information.
We all dream of philanthropic pursuits, but often lack of time and resources get in the way of giving back to the community. Current challenging economic times have also put pressure on financial resources available to fund local projects, community outreach programs and special causes. At EVO Canada, we understand these limitations and like you, always look for ways to do more, which is why we launched the EVO Cares program.
Since it’s inception we have seamlessly helped our customers give back to their communities in a low cost, hassle free, streamlined way. Through a simple referral program, EVO Canada will donate a minimum of $500 to your charity.
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Over the last year we have been fortunate enough to donate to organizations of all shapes and sizes, from the Canadian Red Cross to the MS Society of Canada and even less known community based organizations such as the L’Association Pour un Maroc Meilleur and Troupe Crème Brulee musical comedy. No charity or cause is too big or small as EVO Canada strives to proactively give back to our communities each year.
Contact EVO Canada Cares’ Josh Sorensen at 1-877-355-2082, extension 2964, and find out how your business can take a few small steps to make a difference in your community today!