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Citi invests in Billing Revolution

Tim Green
Citi invests in Billing Revolution

Just two weeks after the mobile payment company raised $6.6m in series B round.

The two firms already have a partnership, with Citi a major 'sponsor' of Billing Revolution's proprietary Single-Click Checkout service, a mobile app designed to process credit card transactions in-app or on mobile web sites.

It's another vote of confidence in Billing Revolution, which launched in 2008 and offers single-click billing for credit card payments via mobile devices.

Citi is moving hard into the digital space, recently moving its ventures unit from New York to Silicon Valley.

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Tags: payment , billing revolution , M&A , citigroup

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