Minneapolis-based mPay Gateway raises $1.5m for credit card software

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By Arundhati Parmar, Finance and Commerce

“A provider of card-payment systems for the health-care industry has raised $1.55 million, according to documents filed with the Securities and Exchange Commission.

mPay Gateway Inc., based in Minneapolis, raised the money from eight investors, according to the filing. Two previous investors also invested in this round — Los Angeles-based GRP Partners and Denver-based Appian Ventures.”

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