Citcon

company

About

Citcon is a mobile payment network that enables global merchants to accept payments from consumers.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
$6M
Industries
Financial Services,FinTech,Marketing,Mobile Payments,Travel
Founded date
Jan 1, 2016
Number Of Employee
51 - 100
Operating Status
Active

Founded in 2015, CITCON is a leading payment technology company, building a payment infrastructure that enables global merchants to accept payments from billions of fast-growing mobile wallet consumers through the web, mobile and in-store channels around the world. Mobile payment provides a more user-friendly, secure, and safer contactless shopping and payment experience for both consumers and merchants compared to other payment options. CITCON’s secure, scalable and open system allows businesses to quickly and easily accept domestic and international mobile wallets by using a single API suite and an integrated processing and fund settlement platform. Millions of mobile wallet consumers are now able to shop and pay at tens of thousands of merchants, online, mobile, and in-store.

Citcon is headquartered in Silicon Valley, California, CITCON has five regional offices in the U.S., Canada, Europe, and Asia.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$36M
Citcon has raised a total of $36M in funding over 2 rounds. Their latest funding was raised on Oct 22, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 22, 2021 Series C $30M 1 Norwest Venture Partners Detail
Jan 1, 2021 Debt Financing 1 Detail
Dec 4, 2018 Series A $6M 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Citcon has made 1 investments. Their most recent investment was on May 11, 2022, when Bitstack raised €1M.
Date Company Name
Round Money Raised Industry Lead Investor
May 11, 2022 Bitstack
Pre-seed €1M Bitcoin

Investors

Number of Lead Investors
Number of Investors
1
3
Citcon is funded by 3 investors. Norwest Venture Partners and Espresso Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Norwest Venture Partners Yes Series C
Espresso Capital Debt Financing
Race Capital Series A