Monday, February 03, 2014

Quippi Raises $2 Million for International Money Transfers


Another United States based international shopping card company named Quippi, has secured a financing of $2 million for International Money Transfers socalTech.com. The financing came from an early stage venture capital fund named Avalon Ventures.

Quippi is a shopping card company which sells gift cards throughout the United States. The gift cards help the people to support their relatives or friends who are living abroad. The company trade through its retail store, company website and a group of sales representative.   

The venture capital firm, Avalon Ventures is a California based company which offers investment in growth, seed, venture and early stage companies. The company seeks to invest in various sectors which include pharmaceuticals, media, technology, life science, software and others.

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