/ Press Release

Vend Raises $2 Million, Announces Key Partnership with PayPal

San Francisco & Auckland based technology start-up Vend (http://www.vendhq.com) has this week secured a further injection of capital from a global investment consortium, led by Point Nine Capital in Europe, and announced a key strategic partnership with PayPal, to bring mobile payments to small retailers worldwide. Launched in late 2010, Vend is an award-winning, intuitive, web-based point-of-sale (POS) platform. With over 11,000 registered accounts in more than 80 countries, the company already processes more than 1 million transactions a month, and is set to continue rapid global growth throughout 2012.

Posted 05/29/2012