February 25th, 2013

Russian Mobile Payment Startup uBank Raises $8M Series A From Runa Capital, Targets “Global” Expansion

uBank_main_scr

After co-investing in Mambu, a SaaS for alternative finance providers, earlier in the month, today sees Runa Capital fund another finance-related startup: An $8 million Series A round for uBank, a mobile payment service that currently targets Russia and the wider CIS region.

The new capital will be used to “accelerate” product development and marketing, and for further global expansion. The… → Read More