BuyBox, a Toulouse, France-based provider of a cloud social payment solution for e-merchants, raised €1.7m in funding.
Backers included Iris Capital and Midi Capital.
The company intends to use the capital to develop its products and expand internationally.
Founded in 2010, BuyBox provides a payment solution that facilitates group payments, enabling consumers to invite friends to contribute to a funding pool in order to buy goods, holidays, and gift cards.
The platform also allows e-commerce retailers to rebrand the payment platform.
Customers include Celio, Wonderbox.fr and Micromania, among others.
FinSMEs
22/01/2013