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 that was sold to Staples for an undisclosed sum in October 2013.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1559494,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"B"}']The filing names William Melton, a partner at GIV. Melton’s firm has previously backed PayPal, Acer, and AOL.
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