Tinypay Raises $1M

Tinypay, a San Francisco, CA-based e-commerce startup that enables users to sell their items online, has raised $1m in funding from Aksoy Internet Ventures.

The company intends to use the funds to expand globally. Launched in the Netherlands last year, Tinypay is now moving the headquarters to San Francisco and is hiring developers (http://blog.tinypay.me/jobs).

Led by CEO Melvin Tercan, the company aims to makes online selling accessible to everyone. Users can sell second-hand items, hand-made crafts, and digital files such as e-books and mp3s from a customizable shop. It also possibile to share products on Facebook and Twitter.
Sellers receive instant payments directly in their PayPal account.



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