3V Transaction Services Ltd, the pay-as-you-go VISA voucher company, today announces it has raised EUR 20m in Series-A funding from Atlas Venture and Benchmark Capital Europe. The proceeds will be used to launch its innovative pay-as-you-go 3V VISA Voucher into the UK and other European markets.
GP takes a minority stake in the IT service, while the management team remain on board
Existing investors E.Ventures and Heartcore also participate in the funding round
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
Existing investors Velocity Capital, Industrifonden and Frumtak also participate