Mozido Raises Funding from TomorrowVentures

Mozido, LLC, a Dallas, Texas-based provider of multichannel financial transaction services, has secured growth funding from TomorrowVentures.
Mozido will use the funding to offer financial institutions, mobile network operators and retailers the ability to provide global financial services to unbanked and under-banked consumers.
In addition, this capital will ensure the launch of a number of commercial deployment programs in 2011 that specifically serve the unbanked population.
Established in 2006 and led by CEO Craig McNeil, Mozido offers a complete suite of mobile financial services and processes financial transactions (to move money, pay bills, make purchases and accept social payments) across multiple channels — mobile devices, POS terminals and the Internet.

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