9 years ago

Upstream Secures €25 Million in Growth Financing

  • Upstream, a London-based mobile commerce platform, has secured €25 million in growth financing from the European Investment Bank

  • The funding will be used to implement Upstream's growth strategy, boosting its global operations and R&D activities, improving its technology platform and product offering, and enhancing its big data capabilities

  • Upstream's platform enables 1.2 billion people to receive and pay for digital subscription services on their mobile devices.

      • ProblemTechnology

      "Millions of people around the world struggle to access and pay for essential digital services like entertainment, security, and education due to lack of access to traditional payment methods. This limits their ability to benefit from the digital economy."

      Solution

      "Upstream provides a mobile commerce platform that allows people to easily subscribe to and pay for digital services on their mobile devices, regardless of their location or payment method. This empowers individuals to access essential digital services and participate in the digital economy."

      Covered on