Paydiant, a Boston, MA-based provider of a mobile wallet, cardless ATM access, offer redemption and loyalty platform for retailers, banks and payment processors, closed a $15m funding round.
Backers included North Bridge Venture Partners, General Catalyst Partners, Stage 1 Ventures and two of Paydiant’s customers.
The company intends to use the funds to accelerate product development, sales and marketing efforts.
Led by Chris Gardner, Paydiant provides a cloud-based, white label mobile payment, cardless ATM access, offer redemption and loyalty platform that enables merchants, banks and payment processors to deploy and manage their own mobile payment and ATM access solutions under their own brand and on their own terms.
It is currently deployed in partnership with card-issuing banks, retailers, restaurants, merchant processors, debit/ATM networks and POS providers.
The company is hiring (read here).