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CardFlight Nets Growth Venture Capital

Friday, October 9, 2015 5:03:00 AM PDT | VentureDeal

   New York, New York  --  Mobile e-commerce technology company CardFlight raised $4.2 million in early stage venture capital financing.

CardFlight has created a suite of "tools & technology for developers to build their own mobile point-of-sale."

The company provides a set of EMV chip card-ready APIs and card readers.

MATH Venture Partners led the round, which also included previous investors FF Venture Capital, Silicon Valley Bank, Great Oaks Venture Capital, Entrepreneurs Roundtable Accelerator, Plug And Play Ventures and others.

The company said it would use the funding to grow its engineering team and accelerate the rollout of its mobile payment acceptance solutions in the US.

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