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Runa Capital To Invest $8 Million In uBank, Mobile Payment Provider

Files under: News
Posted by: admin @ 16:07 [24. 02. 13]

The Russian venture capital firm Runa Capital has invested $8 million in uBank, a Russian mobile payment provider.

uBank offers a mobile app for smartphones that helps pay utility bills. Released last December, uBank free app for Android has been downloaded more than 250K times from . In addition, the app is pre-installed on Fly smartphones. Based in Moscow, uBank is headed by CEO Laura Ashizheva.  The company plans to release iOS app shortly.

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