Peer-to-peer payment start-up Mezu has launched an app that enables users to send and receive money without having to share personal data. The app generates a one-time, four-digit code that the sender gives to the receiver to obtain the payment. Mezu accounts can be linked to a bank account, debit or credit card. The company also announced today that it has raised a $10 million round, led by Pittsburgh’s Draper Triangle Ventures. In this case, the recipient is not required to provide any information about himself in order for his funds to be transferred from one account to another.
Peer-to-peer payment start-up Mezu has launched an app that enables users to send and receive money without having to share personal data. The app generates a one-time, four-digit code that the sender gives to the receiver to obtain the payment. Mezu accounts can be linked to a bank account, debit or credit card. In this case, the recipient is not required to provide any information about himself in order for his funds to be transferred from one account to another.