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Investments

2

About Patagorang

Patagorang is an Australian venture capital firm.

Patagorang Headquarter Location

Australia

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Latest Patagorang News

eWise Raises $14 Million For Online Payments Technology

Jun 7, 2011

Posted Skype Goes Down (Again), Users Inexplicably Blaming Microsoft On Twitter Online payments company eWise has raised $14 million in new funding led by Wellington Partners with Balderton Capital, TTV Capital, , and Patagorang participating in the round. This brings eWise’s total funding to over $26 million . eWise develops a payments technology, called Secure Vault Payment, that allows users to automatically deduct a payment from their bank account without disclosing their personal information to online businesses. Payments are processed via a login and password to the bank’s site. eWise expects that this payments technology could reach 400 million uses within 5 years. Clients include Citibank and First Direct (part of HSBC) in the UK, Ping An in China, Westpac in Australia and USBank in the U.S. The company plans to use the funding to expand further to the U.S. as well as for the development of a new mobile payments technology. 0

Jun 7, 2011
eWise Inks $14M

Patagorang Investments

2 Investments

Patagorang has made 2 investments. Their latest investment was in eWise as part of their Series B on June 6, 2011.

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Patagorang Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/7/2011

Series B

eWise

$14M

No

3

7/6/2010

Series A

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$99M

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0

Date

6/7/2011

7/6/2010

Round

Series B

Series A

Company

eWise

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Amount

$14M

$99M

New?

No

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Co-Investors

Sources

3

0

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