On July 29, 2013, FinSMEs reported that the company had raised €300k from an undisclosed business angel (read here). Now we know that Turin-based Finaco made the investment.
panpan intends to use the funds to continue to develop its app to ask questions to people located in a specific area.
Led by Antonino Famulari, Michele Spina, and Walter Bellante, the company is now testing the application, which will be available for both iOS and Android.
As a result of the funding, panpan will open an office in Turin.