Brazil-based mobile commerce platform Movile revealed $53m in funding yesterday from media and e-commerce and media group Naspers and investment fund Innova Capital.
The funding was secured across two rounds, with an initial $23m invested “in the past few months,” and the remaining $30m provided more recently in a tranche led by Naspers, though additional details were not disclosed.
Movile operates a mobile commerce platform it claims has approximately 100 million monthly active users across its various products, which include…
