Payfone Raises $23.5 Million to Fuel Its Leadership in the High-Growth Mobile Authentication Market

New York – January 5, 2017 – Payfone, a pioneer in mobile identity authentication for digital channels, today announced a $23.5-million Series E round of financing. BlueCross BlueShield Venture Partners and Andrew Prozes led the round with new investors Strauss Zelnick, Maclab Development Group and Transaction Network Services, and with participation from current investors RRE Ventures, Opus Capital, Relay Ventures, Early Warning Services,

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