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Plastiq Secures $5.9M in Funding

2013-02-08
BOSTON, MA, Provider of online credit card payment and management services, has raised $5.9 million in a round of venture capital.
Plastiq, a provider of online credit card payment and management services, has raised $5.9 million in a round of venture capital, the company disclosed in a new SEC filing.

Plastiq is an online payment company created to offer consumers more convenient, flexible and secure payment options for credit card purchases. We have been developing innovative payment solutions that allow consumers across North America to use their credit cards for payments in situations when they previously could not. Plastiq charges consumers a nominal fee for each transaction, a fee historically charged to the merchant who accepts the card, for the added flexibility to use their preferred credit cards when they choose. Designed with security in mind, our proprietary platform lets consumers and merchants manage and monitor transactions from anywhere in the world, at any time, from any internet-enabled device.
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