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Vodafone invests in micro-payment company

PlaySpan, a Californian company that provides digital goods, micro-transaction and global payment platforms, has arranged an $18 million investment. New investors include Vodafone Ventures and Softbank Bodhi Fund alongside the company's existing investors. This capital increases the company's total funding to approximately $42 million. PlaySpan says the new investment will be used to expand into Europe and Asia and to grow PlaySpan's global publisher and user base.

Author: The Fonecast
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