Finsphere Corporation, a US-based business that uses mobile phones to confirm an individual’s identity, has received $11.3 million from a group of investors.
The investment round was led by Vodafone Ventures, the venture capital arm of Vodafone Group. Tobin Ireland, Group Director of Commercial Development at Vodafone, will join the Finsphere board of directors.
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The Carphone Warehouse Group plc has published an interim management statement for the third quarter of its current financial year.
It says its business in Europe performed strongly on post-pay (‘pay monthly’ deals) and non-cellular products, although a weakness in the lower-value prepay market resulted in like-for-like revenue being down by 4.7% when compared with the previous year. Overall, figures for the full year are expected to be in line with previous guidance.
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