Powa Technologies

Powa Technologies
Founder Dan Wagner[1]
Headquarters Heron Tower, Bishopsgate, London, United Kingdom
Products
Website www.powa.com

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

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 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][6]

See also

Reference

  1. ↑ Sutherland, Ruth (18 September 2013). "PowaTag allows people to shop by just snapping photos". Mail Online. Retrieved 3 March 2014.
  2. ↑ Strauss, Karsten (13 September 2013). "The Secret Technology That Attracted $76 Million And Could Eat Amazon’s Lunch". Forbes. Retrieved 3 March 2014.
  3. ↑ 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.
  4. ↑ Burn-Callandar, Rebecca (21 August 2013). "Powa to create 250 UK jobs after major cash injection". Telegraph. Retrieved 8 October 2014.
  5. ↑ Titcomb, James (12 June 2014). "Powa Technologies valued at £1.6bn after acquisition". Telegraph. Retrieved 8 October 2014.
  6. ↑ Phillips, Andrew Garcia. "The Billion-Dollar Startup Club". The Wall Street Journal. Retrieved 21 November 2014.

External links