Clear2Pay completes second round funding

Clear2Pay completes second round funding

Brussels-based payments software vendor Clear2Pay it has completed its Series B round funding with an additional investment from Intel Capital.

The investors in the B-round include Big Bang Ventures, Koceram, Omega Pharma and the management. The additional funding brings the total raised capital to €8.4 million.

Clear2Pay says the funds will be used to develop its portfolio of products for the e-payments market.

Jürgen Ingels, co-founder and CFO of Clear2Pay, adds: "An international expansion of our shareholding structure will enable Clear2Pay to execute its expansion plans. A recent example of this strategy is the acquisition of MaXware Benelux in the Netherland."

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