Category: Featured News

Payleven has raised more funding to aid its mobile commerce initiatives

Payleven, a mobile payments startup that was initially incubated in 2012, has announced that it has raised $10 million during its latest round of funding. This brings the total funding that the startup has raised to $51 million. The funding is has added additional growth capital to Payleven, which has managed to find significant success among small and medium sized businesses. The company is expected to compete with others in the mobile commerce field, which has become quite competitive in recent years.

Seventure Partners joins other investors in supporting Payleven

Seventure Partners, a European venture capital firm based in France, is the newest investor in Payleven. The firm notes that it is excited about the prospects of the mobile payments company. Seventure Partners believes that Payleven has shown that financial technology companies are able to reach scale in promising markets, finding considerable profitability in a relatively short amount of time. The new investor may prove to be a boon for Payleven, which intends to find more success in the mobile commerce space.

Funding will help Payleven expand into new markets and acquire more customers

The funding raised by Payleven will be used to expand into new product lines and accelerate customer acquisition. The funding will also help the company stay competitive in the financial technology space. The market has become extremely competitive, with several companies, some of which are quite large, have become involved in this space, introducing new and highly popular mobile payments platforms. This competitive environment has fostered innovation, but some companies have found it difficult to connect with both consumers and businesses.

Competition in the mobile commerce space is heating up

Mobile commerce is expected to see significant growth in the coming years, which may benefit smaller companies like Payleven. These companies will have to provide innovative, secure, and convenient services in order to gain support from consumers. Retailers, in particular, have shown strong support for mobile payments systems from startups, largely due to their ability to create a dynamic connection with consumers.

The quick response codes had been worked into activities for children on the holiday Monday.

Family Day is a holiday celebrated in several Canadian provinces, in which schools, many businesses and government offices are closed, giving families some time to spend together in February, and library branches in Ontario’s Chatham-Kent region decided to use QR codes to make that quality time a bit more fun.

The Chatham-Kent Public Library branches have used quick response codes to use tech to enhance activities.

The QR codes were found at several of the library branches and were used in a tech based quest. This activity was available to all who wanted to participate and could be enjoyed on a drop-in basis, without any type of advance registration needed. The point of this technology friendly activity was to design a game that employed readily available mobile devices in a way that would help to make the library more fun and relevant to young members of the community.

The barcodes were used in an activity called the QR Codes Quest, which worked like a scavenger hunt.

This is not the first time that QRcodes have been used in a scavenger hunt style activity, nor is it even the first time this type of thing has occurred in a library environment. However, it does show that the use of mobile devices and quick response codes is becoming increasingly commonplace in this type of environment.

The Quest was available from 3pm to 8pm at the Highgate Branch. The Ridgetown Branch held it from noon to 5pm. This gave locals a chance to drop in at the time that was most convenient to them and take part in the activity with their families.

The use of QR codes is growing when it comes to this type of activity because they are extremely easy for people to use, they rely on technology that is easily available and they are quite inexpensive for the libraries to be able to obtain and implement. Barcode generators are easy to use and it the only costs associated with printing them out are from the paper and ink.