App55 Raises Funding from The North West Fund for Venture Capital
The company intends to use the funding to develop and market its solutions.
Launched in 2011 by CEO Richard Beaton, App55 provides Card Hub, a plug-in which enables merchants to convert browsing into sales by letting customers pay with their password from any smartphone, tablet or computer. It can also handle e-invoicing, subscriptions and payment by instalments.
The company has also appointed Chris Hall as a non-executive chairman to help guide its expansion plans.