Citrus Payments Raises $25M in Series C Funding

Citrus Solutions has raised $25M in series C funding led by PE firm Ascent Capital and early investor Sequoia, with support from existing Japanese investors. The current funds raised by the company aim to bring innovations in merchant payments and mobile payments. In December 2013, the company raised about $5.5 million from econtext Asia Ltd., a Japanese online payments firm, and Beenos Asia Pte Ltd., a subsidiary of Japanese e-commerce and incubation company Netprice, with part ...

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