Tech Company Financing Transactions
CITCON Funding Round
CITCON closed a $5 million Series B venture capital round on 4/17/2019. Backers included Cyber Wisdom, East West Bank and HEDA Ventures.
Transaction Overview
Company Name
Announced On
4/17/2019
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series B
Investors
Proceeds Purpose
The funds will be used to drive the company's rapid global growth, broaden its suite of product applications and expand teams across Technology, Product, Marketing and Sales.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2001 Gateway Pl. 410W
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Undisclosed
Website
Email Address
Overview
CITCON is a cross-border mobile payment and marketing solution leader, enabling merchants to accept QR-based mobile wallets in-store and online on a global scale. Among the payment options supported by CITCON, Alipay and WeChat Pay are two of the most popular wallets with over one billion active consumers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chunbo Huang
President
Wei Jiang
VP - Engineering
Haitao Xin
VP - Sales
Seth Friedman
VP - Sales
Jean Kany
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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