Metro Group led the mobile payment and loyalty app developer's $15.3m series B round, increasing its overall funding to more than $30m.
UK-based mobile wallet technology producer Yoyo Wallet closed a £12m ($15.3m) series B round yesterday led by the investment arm of wholesale and food retailer Metro Group’s digital unit.
Touchstone Innovations, the commercialisation firm spun out of university Imperial College London that was formerly known as Imperial Innovations, provided £4m for the round, which also included Woodford Investment Management.
Founded in 2013, Yoyo has developed an app that combines mobile payment and loyalty rewards. The platform also includes marketing tools…
