Prairie Cloudware, an Omaha, Neb.-based digital payments company, closed a new round of funding of undisclosed amount.
Backers included the founders and existing local angel investors.
The company intends to use the funds to launch an early version of Digital Payments Guardian with select financial institutions later this year.
Led by William Fisher, chairman and chief executive officer, and Doug Parr, chief revenue officer, Prairie Cloudware provides the Digital Payments Guardian™, a gateway that connects shopping applications such as mobile wallets, processors and token service providers. It is designed to provide financial institutions with a consumer controlled digital payment service for customers to leverage through existing digital banking channels. Digital Payments Guardian is deployed in a SaaS environment using a virtual private cloud and, during transactions, it validates the identity of the cardholder and delivers payment data in a tokenized format to avoid fraud.
FinSMEs
24/06/2015