Mountain View, Calif. – Jumio, the developer of a Web and
mobile payments service, has raised $6.5 million in its first round of funding,
led by Facebook co-founder Eduardo Saverin.
The Mountain View, Calif.-based
company said it structured the round by creating a single-purpose corporation,
and solicited private placements with "Ultra High Net Worth Individuals
Saverin, who currently resides in Singapore, said he
will be actively involved in Jumio’s launch in Asian markets.
a critical person," said Saverin, "by the last time I have seen such
a disruptive idea was actually Facebook."