Mobile payments developer Pushpay secures $18.7 million in private placement

Tue, 29 Sep 2015

By Fiona Rotherham Sept. 30 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer, has raised $18.7 million in a private placement of new shares at $4.88 apiece. A number of existing shareholders, including interests associated with Pushpay directors Bruce Gordon, Graham Shaw, Christopher Huljich, and alternate director Peter Huljich, have subscribed for the new shares and agreed to a 24 month embargo on selling them, the company said in a statement. The placement included a number of new shareholders such as boutique fu...

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