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Founder | Dan Wagner[1] |
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Headquarters | , |
Products | |
Website | www |
Powa Technologies is a U.K. based technology company, known for its commerce, mobile commerce and e-commerce services. The company’s flagship product is the mobile application PowaTag.[2]
History
[edit]Powa was founded in 2007 by British entrepreneur Dan Wagner. The company is attributed as receiving the largest Series A funding round for a technology start-up, collecting $76 million from the Wellington Management Company in August 2013.[3] The investment attracted the attention of David Cameron.[4] In June 2014, Powa Technologies acquired Hong Kong business MPayMe and its ZNAP technology. Following the acquisition, Wagner suggested that Powa had an enterprise value of $2.6 billion.[5]
See also
[edit]Reference
[edit]- ^ Sutherland, Ruth (18 September 2013). "PowaTag allows people to shop by just snapping photos". Mail Online. Retrieved 3 March 2014.
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(help) - ^ Strauss, Karsten (13 September 2013). "The Secret Technology That Attracted $76 Million And Could Eat Amazon's Lunch". Forbes. Retrieved 3 March 2014.
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(help) - ^ Lunden, Ingrid (20 August 2014). "Powa Technologies Picks Up A $76M Series A Investment To Take Its Mobile Payment And E-Commerce Platform Large". TechCrunch. Retrieved 8 October 2014.
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(help) - ^ Burn-Callandar, Rebecca (21 August 2013). "Powa to create 250 UK jobs after major cash injection". Telegraph. Retrieved 8 October 2014.
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(help) - ^ Titcomb, James (12 June 2014). "Powa Technologies valued at £1.6bn after acquisition". Telegraph. Retrieved 8 October 2014.
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