Payleven, The Samwer Brothers? Answer To Square, Takes A ?High Single-Digit Million Dollar? Round Led By A Mystery Investor

Payleven, the Rocket Internet-incubated mobile-payment service that uses a dongle attached to a mobile device to make and process card transactions -- yes, like Square -- is today announcing that it has picked up another round of funding, as well as a new investor. As has been the case with many past investments in Samwer-incubated startups, neither the exact funding figure, nor the investor, have been disclosed -- except to note that the value is in the "high single-digit millions" of dollars, and that it is "largely" from the new backer.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/KdLNQWgzg8U/

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