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Jumio Gets Major Investment From Facebook Co-Founder Eduardo Saverin

First Posted: 03/17/11 05:39 PM ET Updated: 05/25/11 07:40 PM ET

Jumio Funding Facebook Cofounder Eduardo Saverin

Facebook co-founder Eduardo Saverin has just led a $6.5 million round of financing for startup Jumio, a company offering an online and mobile payment service.

According to TechCrunch, Saverin "put up more than half of the round" of funding and will be joining the board of directors.

Saverin said of Jumio in a statement, "I'm usually a critical person, but the last time I have seen such a disruptive idea was actually Facebook."

In January, Saverin was the lead investor in a round of funding for Qwiki, a startup that aims to "forever improve the way people experience information."

(via TechCrunch)

See Jumio's intro video below.


Jumio The End of Cash from Jumio Inc. on Vimeo.


Filed by Bianca Bosker  |