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Shopify wants a Bigger Pie of Proximity Payments, POS with $100 Million Funding

On 13th December 2013, Shopify announced that it had closed $100 Mn in a new round of funding. The Series C round was led by Investment firm Insight Venture Partners and Canadian Pension Fund OMERS. Shopify aims to challenge e-commerce biggies like Amazon and eBay in the field of merchant software & services.

Shopify was founded in 2006 by Tobias lutke (CEO), Daniel Weinand and Scott lake. The company has received $22 Mn in Series A and B funding from

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