Telefonica's Wayra Accelerator joins investors in final round of funding for mobile payments startup

June 21, 2013

1 Min Read

LONDON -- UK start-up Ensygnia – the Onescan mobile payments company – today confirmed it had successfully closed its final seed funding round raising more than $3.3m in cash and services, in phased investments, in little more than a year since commencing operations at the start of 2012. Among the principle investors is Telefonica’s start-up business accelerator Wayra which is providing office space, Board-advisors, support and mentoring, as well as access to key Telefonica services and a significant cash contribution. Ensygnia – which already has a granted UK patent for its Onescan process – said the investment would be used to move out of private beta and accelerate its business internationally and with key merchant and payment partners. The company will also further develop its UK & international Onescan patent portfolio.Ensygnia Ltd.

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