Mocapay Raises $3.0M

Denver-based Mocapay, which develops a mobile payment system used for gift cards, loyalty programs, and marketing, said Wednesday afternoon that it has raised $3.0M in funding. The round came from Spartan Mobile, Lacuna, and other unnamed investors. Mocapay said the new funding will go towards new customer implementation, business development, and enhancements to its platform. More information »