Fuze Network, Inc., a Salt Lake City, Utah-based payments technology company, completed a $1.2m seed financing.
The round was led by Metamorphic Ventures and Kickstart Seed Fund, with participation from angel investors.
The company intends to use the funds to accelerate the growth of its Payments Gateway.
Led by CEO Dave Wilkes, Fuze Network provides merchants and billers with low-cost options for their customers to find and make payments at over 17,000 banks and 100,000 retail locations nationwide.
The company has recently introduced a Cash Locator service that presents all locally available payment networks (ATMs, banks, cash back merchants, load networks) in a single view for the consumer.
FinSMEs
23/02/2011