Los Angeles based mobile bill payment startup raised $50m in Series B funding led by Bessemer Venture Partners.
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Papaya raises $50m in Series B funding
“People back home were surprised to find out we didn’t have the same capabilities here,” Kann said. “In this respect, the U.S. has been an anomaly, with only 3% of bills being paid by a mobile device. We saw a huge business opportunity with mobile bill payments.”
