Posted by technews on Jun 22, 2012 @ 6:06 am With Square yet to enter Europe, there is an increasing amount of activity from would-be competitors looking to fill the same niche using dongles on smartphones to enable card payments. The latest comes from Payleven, which has picked up “tens of millions” of euros in funding from New Enterprise Associates, Holtzbrinck Ventures and the Russian VC ru-net, according to an unconfirmed report in Deutsche Startups. Payleven is part of Rocket Internet, the incubator/investment vehicle from the Samwer brothers (known for developing clones of popular U.S.
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