LevelUp snags $50m in new funding

LevelUp snags $50m in new funding

LevelUp has completed a $50 million round which included JPMorgan Chase (who made an initial investment in the US mobile payments venture at the end of 2015), US Boston and CentroCredit Bank. "LevelUp has grown rapidly over the last several years and this funding sets us up to accelerate our growth this year and next," says Seth Priebatsch, Chief Ninja (yep, you read that right) at LevelUp. "We're thrilled to have the continued support of our existing investors including Chase and US Boston and great new partners like CentroCredit Bank backing LevelUp."

The funding follows Chase‚Äôs decision to incorporate LevelUp's technology into its Chase Pay app, allowing customers to order ahead at restaurants that partner with the company. 

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