The payment services company made its second investment in e-gifting company Loop Commerce, which secured $16m in its latest funding round.
US-based e-gifting technology developer Loop Commerce raised $16m in series B funding yesterday from investors including payment services provider PayPal.
The round, which was co-led by family office Wicklow Capital and angel investor Oren Zeev, also featured a host of additional individual investors.
Founded in 2012, Loop has created an e-gifting platform that connects with retailers’ existing online stores. The company will use the cash to increase its engineering, data, sales and marketing, product and design teams as it looks…
