In today’s daily digest: mobile payment services innovator Square looks set to face increased international competition, with Stockholm-based iZettle raising a significant amount of new funding. Not to mention Rocket Internet’s version gearing up in Asia…
Square Rival iZettle Raises $31.4 Million in Funding – including from MasterCard
We know this one is Friday’s news – but it’s well worth the mention. Stockholm-based mobile payment company iZettle recently announced it has completed a €25 million ($31.4 million) Series B round of funding led by Greylock Partners and Northzone, joined by MasterCard. Read more on Inc.
Rocket Internet’s Square clone PayLeven buys domain names in Asia; sets up company in S’pore
Meanwhile, Germany’s Rocket Internet is reportedly going ahead with its much-anticipated Square clone in Asia under the name PayLeven (formerly reported as ZenPay). Read more on Singapore and Southeast Asian tech blog SGEntrepreneurs.
MemSQL Launches With $5M From Ashton Kutcher & more
As big data gets bigger, “plucky young Y Combinator alum” MemSQL wants to help you manage it. Founded by ex-Facebookers Eric Frenkiel and Nikita Shamgunov, today launched its next-gen “newSQL” database tool – with backing from First Round Capital, SV Angel, Y Combinator, Paul Bucheit, Ashton Kutcher, IA Ventures, Max Levchin, Aaron Levie and Data Collective, among others. Read more on TechCrunch.
For related reading from our editorial partner VentureBeat, check out: Wait, Ashton Kutcher might actually be a smart investor
Zeebox Is Coming To Shake Up Social TV In The US
Second-screen social TV app Zeebox is coming to the US later this summer, after a successful run in the UK, according to TechCrunch. Its Berlin-based competitor TunedIn, which is planning its own official US release this year, will be keeping a close eye on progress.
For more on social TV, try our in-depth interview with TunedIn co-founder Justin Scull.