PayKey Mobile Payment App Raises $6 Million in Series B Funding
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PayKey Mobile Payment App Raises $6 Million in Series B Funding
PayKey, an Israeli social media adjacent payment mobile platform, has raised $6 million in a Series B funding round led by an American and Chinese backed capital fund venture, according to Israeli financial newspaper Globes.
By using the PayKey app, clients are able to transfer funds via Twitter, WhatsApp, and Facebook Messenger. A similar amount was raised back in November 2016 to advance the development of the mobile app.
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The company was established in 2014 by CEO Daniel Peled and CTO Ofer Markovich, and it has raised a total of $12.4 ... (read more)
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