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Mobile payment start-up Digicash raises €2.2 million

Press Release: Luxembourg - May 28, 2013 - Digicash Payments, the Luxembourg-based mobile payment specialist, has just closed a €2.2 million funding round backed by its founders, the SNCI and the Luxembourg Government. This additional funding will allow the company to start a new phase of development, both on a national and on an international level. The next step relates to the installation of Digicash Beacon payment terminals in Luxembourg and a first international project as a mobile payment technology provider.

Digicash began as a start-up building a whole new mobile payment ecosystem in Luxembourg. After having signed up Luxembourg’s main retail banks (BCEE, POST Luxembourg and BIL, soon to be joined by BGL BNP Paribas) to provide the Digicash Apps to their client ...

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