Matrix Partners India and Axis Bank have provided an undisclosed amount of series B funding for Mswipe, a company offering cost-effective mobile phone point of sale solutions.
India-based Mswipe, working with partners Prizm Payment Solutions and Axix Bank, provides merchants with the ability to accept credit and debit card payments using their Android, iOS or other smart phones.
The amount raised was not disclosed.
Matrix previously led an undisclosed series A round in 2013, while a range of angel investors provided an undisclosed amount in seed funding in 2012.
Manish Patel, founder and managing director of Mswipe, said: “Mswipe enables small and mid-sized merchants to accept regular…
