Tempo Payments raises $4.8M for retail debit transactions
updated
Tempo Payments, a San Mateo, Calif. interoperable retail payment network that clears PIN debit transactions through the ACH payment system, has raised $4.8 million in a continuation of its second round of funding, according to a regulatory filing cited by PE Wire. Backers include Cardinal Venture Capital, Selby Venture Partners and Household Corporation.
Update: Turns out, PE Wire has made a correction, and that Household did not participate. Integral Capital led the deal, PE Wire’s Dan Primack tells us.
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