Invoice2go, a Redwood City, Calif.-based mobile invoicing app, secured $15m in Series C funding.
The round was led by existing investor Ribbit Capital with participation from Accel Partners.
The company intends to use the funds to expand its presence in the Fintech space with the development of new features.
Founded in 2002 by CEO Greg Waldorf, Invoice2go provides a mobile app that allows small businesses across all industries, from plumbers to personal trainers and creative freelancers, to manage cash flow through invoicing, expense tracking and simple reporting tools. The app, currently available in 11 languages, including English, French, Spanish, Portuguese, German, Dutch, Danish, Finnish, Swedish, Italian and Thai, is used by 200,000+ customers worldwide to send over $1 billion in invoicing every month.
The company has also announced the launch of its mobile payments feature, powered by Stripe Connect, that allows small businesses and freelancers to accept credit and debit card payments immediately.
FinSMEs
03/11/2015