Tech Company Financing Transactions
NoFrixion Funding Round
Delta Partners, Furthr VC and MiddleGame Ventures joined a $3.6 million funding round for NoFrixion. The round was announced on 10/3/2022.
Transaction Overview
Company Name
Announced On
10/3/2022
Transaction Type
Venture Equity
Amount
$3,560,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to support merchants with existing payment networks and prepare them for future networks which will be based on digital wallets stored on a mobile phone.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
60 Baggot Street Lower, Carmichael House,
Dublin City, D02 KP79
IE
Dublin City, D02 KP79
IE
Phone
Website
Email Address
Overview
Opening a bank account, accepting payments online and making payments to suppliers and employees is difficult and cumbersome, relying on antiquated Internet Banking services, 60-year-old card technologies, or even a trip to the local bank branch. NoFrixion was founded in response to these challenges which all businesses face on a daily basis. We make the complexity of storing money, making payments and the underlying infrastructure as transparent as it can be. Using the MoneyMoov API, developers can build and integrate applications for businesses, enabling them to move money as they please - securely, safely and rapidly - without going near a branch or an internet banking website.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Feargal Brady
Chief Technical Officer
Aaron Clauson
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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