Peer-to-peer payments app Spark Capital has closed a $20.5m Series B funding round, led by existing investors Verse, eVentures and Greycroft Partners. Vrse has around 550,000 users across Europe, and although co-founder Alex Lopera didn't give additional figures, he said they had been growing at "30% month-over-month". Lopera said the additional funds would "consolidate the markets where Spark Capital already has a presence, launch in non-European markets and build an amazing engineering team in the payments industry".
Peer-to-peer payments app Verse has closed a $20.5m Series B funding round, led by existing investors Spark Capital, eVentures and Greycroft Partners. Vrse has around 550,000 users across Europe, and although co-founder Alex Lopera didn't give additional figures, he said they had been growing at "30% month-over-month". Lopera said the additional funds would "consolidate the markets where Verse already has a presence, launch in non-European markets and build an amazing engineering team in the payments industry".