Muume closes CHF 2.2 million Series A financing round

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07.06.2016

Muume, a Cham based social mobile payment provider with enhanced loyalty, couponing and merchant point of sale, has received CHF 2.2 million in series A for growth financing. The company will use the funds to foster further market entry and international expansion.

With its headquarters in Cham (Zug), Muume makes shopping and paying easy for consumers and businesses. With its concept for digital product data management and digital payment, Muume is one of the most innovative platforms for digital self-service in daily consumption that consumers can use to effortlessly complete their purchases and orders in a customized manner on their smartphones. At its core, Muume deals with the digitization of everyday consumption processes, whether for product information and product presentation, shopping in stores or on the Internet or for ordering and paying for a service. The top priority is to offer the consumer clearly defined added values. Muume relies on custom solutions aimed at the respective dealer here.

Participants in the round include; the Frankfurt-based private equity company Heliad Equity Partners as the lead investor, entrepreneur and investor Hans Thomas Gross as well as the Zurich-based Family Office Keller. The funds will be used to accelerate further market entry and international expansion.

Thomas Hanke, CEO of Heliad Equity Partners: "We believe in the great potential and the USP of Muume. We are pleased to join the company in its continued development and are convinced that MUUME will be successfully positioned in the Fintech market."

Marco Samek, CEO and Co-Founder of Muume: "With Heliad, Hans Thomas Gross and the Family Office Keller, we have found three top investors who share our vision of digital self-service. This is an important validation for us. The funds will advance product development and geographic expansion."

Picture: MUUME APP Main-Screen 

(RAN)

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