[ Yoyo Wallet raises an undisclosed amount in Series B ]

Yoyo Wallet has raised an undisclosed amount in Series B funding.

Founded in 2013, Yoyo Wallet develops a mobile application that blends payments, loyalty and shopping to help retailers accept payments via smart devices.

The fundraising highlights how venture capital investment in European financial technology — or fintech — has defied fears that it would fall victim to uncertainty around Brexit. The fresh money will be used to finance the company’s expansion in the US.

Funding  Series B
Founded  2013
Country  UK
City  London
Founder / CEO  Alain Falys
Deal Size  undisclosed
Investors  METRO GROUP
 Neil Woodford
Previous Investors  Imperial Innovations
 Athene Capital
 Taavet Hinrikus
 Alain Falys