IDG Capital Backs Chinese Payment Solutions Provider Freemud In A+ Round

Payment Solutions in Off-line Stores
Payment Solutions in Off-line Stores

Violet Tang | China Money Network


Freemud, a Chinese mobile payment solutions provider for retailing, has completed a RMB60 million (US$8.76 million) series A+ round of financing, led by IDG Capital, with participation from GSR Ventures and Zhongwei Capital. Founded in 2014, Shanghai-based Freemud provides digital payment solutions for offline retailing and food stores such as Starbucks, Costa Coffee, McDonalds, Walmart, […]

IDG Capital Backs Chinese Payment Solutions Provider Freemud In A+ Round appeared first on China Money Network.

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Source: IDG Capital Backs Chinese Payment Solutions Provider Freemud In A+ Round