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Cleveland based mobile payment app raised $10m Series A round led by Draper Triangle Ventures. Differently than other payment apps, Mezu gives users a private and secure way to give and get money without sharing any personal information.
“Cash is still the most widely used payment instrument in the world, which leaves a huge opportunity for a mobile payment app that provides the experience of cash,” said Rem Harris, JumpStart’s senior partner in charge of investing. “Other payment apps act like virtual checks, and only allow users to send money to people they know.”
https://www.jumpstartinc.org/press/midwest-investors-double-down-on-fintech-startup
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