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WePay Raises $15M

Online payment service provider WePay has raised $15 million in a Series C round of funding.

The investment was led by Phil Purcell of Continental Investors, co-founder of the Discover Card and former CEO of Morgan Stanley. Max Levchin, Maynard Webb, and Raymond Tonsing also participated in the investment.

The latest round brings WePay’s total funding to $35 million till date.

[Image courtesy: WePay]

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