Monday , 21 May 2018
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New stealth payments startup OmnyPay raises $1.5M

New stealth payments startup OmnyPay raises $1.5M

As the payments industry reinvents itself, investors can’t get enough of the sector.

Global Internet Ventures (GIV) has invested up to $1.5 million in stealth payments startup OmnyPay, according to an SEC filing made public today. San Francisco-based OmnyPay was created by Ashok Narasimhan, the founder of sales optimization company Runa — a startup which was sold to Staples for an undisclosed sum in October 2013.

The filing names William Melton, a partner at GIV. Melton’s firm has previously backed PayPal, Acer, and AOL.

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