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Loop raises $10 million, gets recognized for mPayment innovation that works with existing POS

Mobile payments startup Loop has closed a $10 Mn Series A funding from undisclosed investors which includes many high-powered CEOs, including people from the payment industry according to CEO Will Graylin. on 12th October 2013, Lets Talk Payments had written about Loop - describing its platform and features.

On 8th October 2013, Loop had announced the introduction of a new payment enabling technology. Which consists of a smartphone app using magnetic field technology to enable customers to make payment ...

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