Online transactions firm in €5m boost

Dublin-based 3V Transaction Services has secured €5m in funding from TTV Capital to finance its expansion into the US and European markets next year.

3V specialises in developing payment platform technologies which enable mobile operators and online retailers to offer increasingly innovative payment procedures.

Commenting on the announcement, 3V CEO, Kieron Guilfoyle, said, “This additional funding will allow us to scale our business to meet the growing needs of mobile operators and online retailers as they seek to enter the payments market across the globe. It will also help underpin our position as a leading innovator in payment platform development.”