cMoney, a Houston-based technology company
providing mobile payment solution has finalised its acquisition of
its core platform application.

cMoney has received $2mn funding in excess
from a private investor  to obtain its core platform
application that supports the patents.

With the acquisition completed cMoney will be
able to develop and deploy the product and enable them to enter an
agreement with a ‘Cloud’ provider.

Paul Matthews, cMoney CEO, said: “I would like
to take this opportunity to thank all of our loyal and long
standing shareholders from around the world who have taken their
time to provide positive feedback, invaluable constructive
comments, and support.


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