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Citcon closes $30m Series C funding

October 2021 FINTECH Citcon closes $30m Series C funding Norwest Venture Partners and Cota Capital Lead Funding Round to Scale Global Enterprise Solutions for Seamless Mobile Wallet Payments Citcon, the leading mobile wallet payment provider enabling global commerce at scale, today announced that it has received $30 million in Series C financing led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the round. The new funding will support the rapid addition of world-class staff and global expansion that builds on the company’s international presence on four continents. “Citcon enables global commerce at scale by allowing merchants to accept payments by mobile wallet and alternative currencies with the same ease as they process traditional credit card payments today,” said Chuck Huang, CEO and founder at Citcon. “We are honored to have earned the support of incredible investors that will strengthen our efforts to continue driving...
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