Congrats to the team at Cover on closing their A Round. FinTech Collective has used the app numerous times and enjoys the friction free payment service.
Cover wants to facilitate the process of paying your check at the end of the meal, removing friction and encouraging more restaurants to accept mobile payments. To get more restaurants — and users — signed up, the company just raised a $5.5 million Series A round of financing led by Spark Capital. The new round follows $1.5 million in seed funding that Cover had raised last spring.