eWise, which recently relocated its international headquarters from Sydney, Australia to Denver, announced today that it has raised $14 million in financing.
The company, which provides secure online banking transaction capability to consumers and banks through its Secure Vault Payments system, says the infusion of money will help it “accelerate its plans to transform the payments landscape” both in the United States and the United Kingdom.
“It will drive the expansion of Secure Vault Payments in the U.S. and of eWise payo in the U.K.,” the company said in a statement. It said it will also unveil a mobile solution, which will be piloted later this year.
The company said that Wellington Partners, which it describes as “one of the most successful pan-European venture capital firms,” led the infusion of money joined by previous investors Balderton Capital, TTV Capital and Patagorang.
The company says its technology provides consumers with “the most convenient, secure and cost-effective way to pay online using their bank account straight from a merchant’s site – without a credit or debit card.”
It says its technology also gives banks and merchants the only online payment option that provides real-time authorization of funds and guaranteed payments.
eWise said that among the leading financial institutions it has worked with are HSBC, Westpac and Ping An by giving them a system that makes transacting online easier and more secure for end-users worldwide.
The company has offices in the United Kingdom, the United States, China and Australia.Howard Pankratz: 303-954-1939 or hpankratz@denverpost.com.
