AAA October 2010 – Page 5

PayPal processes TradeShift investment

Online payment processing company PayPal has reportedly invested €12m ($16m) to €15m in European start-up TradeShift, according to news provider TechCrunch. TradeShift provides electronic invoices and was funded by angel investors Mårten Mickos, the former chief executive of software company MySQL before its sale for $1bn to database group Sun (subsequently bought by Oracle), and… Continue reading PayPal processes TradeShift investment