
After
co-investing in Mambu, a SaaS for alternative finance providers, earlier in the month, today sees
Runa Capital fund another finance-related startup: An $8 million Series A round for
uBank, a mobile payment service that currently targets Russia and the wider CIS region. The new capital will be used to "accelerate" product development and marketing, and for further
global expansion. The startup is also planning to add new features to its mobile/web-based service such as enabling payments in cafés and restaurants, and peep-to-peer money loans, along with developing apps for BlackBerry 10 and Windows Phone to add to its current support for Google's Android and Apple's iOS.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/keqSTD7ERjc/
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