Citcon, a mobile wallet payment provider enabling global commerce at scale, has received USD30 million in Series C financing led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the round.
The new funding will support the rapid addition of staff and global expansion that builds on the company’s international presence on four continents.
“Citcon enables global commerce at scale by allowing merchants to accept payments by mobile wallet and alternative currencies with the same ease as they process traditional credit card payments today,” says Chuck Huang, CEO and founder at Citcon. “We are honored to have earned the support of incredible investors that will strengthen our efforts to continue driving innovation and global expansion.”
