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MPOS vendor Miura raises $16 million in funding from VC syndicate

Miura Systems, the leading provider of mPOS devices, announced it has closed a $16 million round of funding to accelerate growth.

Miura Systems, founded by the team behind payment pioneer Dione plc that was sold for $112m and is now part of VeriFone Systems Inc., launched its first product just four years ago with a staff of less than ten people. Since then, the firm has rapidly accelerated to become a leading provider of innovative and highly secure electronic payment devices with a focus on mobile point-of-sale (mPOS). It now sells into 45 international markets across five continents, and counts major payment industry players such as PayPal and Swedish mobile payment firm iZettle as customers.

Tags

payments, payment technology