Eduardo Saverin Participates In Jumio’s $6.5 Million Round Of Funding

Jumio is a mobile payments solution company that is preparing to launch in the next couple of months. Facebook co-founder Eduardo Saverin has participated in the $6.5 million round of funding. He put in over half of the round according to TechCrunch. Saverin will be on Jumio’s board of directors as well.

“I’m usually a critical person, but the last time I have seen such a disruptive idea was actually Facebook,” said Saverin. Jumio was co-founded by Daniel Mattes. Mattes previously sold his last venture Jajah to Telefonica for $207 million.

“Jumio simplifies payment. Everyday transactions in a quick, one-click solution for individuals and businesses. Bullet proof security, easy and universal handling. Nothing more, nothing less,” states the company’s About page.


This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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