Mobile payment startup raises $1.65 million

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Posted: Wednesday, December 18, 2013 12:00 am

Omaha-based online and mobile payment startup Prairie Cloudware recently raised $1.65 million in capital.

Treetop Ventures and Croghan Investments led the round in partnership with Nebraska Global, Nelnet, Tetrad Corporation and other local angel investors. The money will be used for research and development as well as prototyping key components.

Prairie Cloudware said it partners with financial institutions to meet their customers’ needs for choice, convenience and security while making payments with their mobile devices or online.

Patrick Smith, co-founder and COO of Nebraska Global, said Prairie Cloudware is an early-stage Nebraska tech company with potential to grow.

“Mobile devices will be the preferred option for the purchase of goods and services in the future," he said. "We believe financial institutions that wish to protect their payment franchise will look to companies like Prairie Cloudware to provide them with solutions that do just that.”

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