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Trunkbow

Chinese Mobile Payment Firm Trunkbow Gets $5 Million From VeriFone

Feb 11, 2010 7:38 PM

VeriFone, which makes point-of-sale equipment, like PIN pads, says it has invested $5 million in Chinese mobile payments firm Trunkbow, as part of the $22.5 million Trunkbow raised via a reverse merger. The investments puts a $65 million valuation on Trunkbow, according to a statement. Last year, Trunkbow partnered with…

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Posted In: E-Commerce, Payment Systems, Mobile, Countries, Asia, China, trunkbow, verifone

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