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Thursday, January 5, 2012

MOBILE PAYMENT PROVIDERS ZOOZ SECURES $1.5 MILLION

➤ Zooz (www.zooz.co), a startup that offers a “secure cross-app platform that creates a familiar, unified checkout,” recently raised $1.5 million in funding in an effort led by lool ventures (lool.vc) and involving the participation of seven other investors. Essentially, after developers add several lines of code to their applications, Zooz provides a one-click “unified user interface to complete the payment process.” In addition to indicating that Zooz is “highly secure” and keeps “sensitive details from being exposed to each app,” the company states that the payment method ensures that users never leave the app.

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