BuyBox, a Toulouse-based social payment solution provider for e-merchants, today announced a € 1.7 million equity increase from Iris Capital and Midi Capital. The fresh capital will be used to develop the product portfolio and for the international commercial deployment.
Founded at the end of 2010 as a venture of a group called Oonetic, BuyBox is today a well used solution of social payment for e-commerce. The innovative solutions from BuyBox allow e-commerce sites to natively collect and organize group payment for example to buy a birthday present or an expensive item (kind of similar to Leetchi, a startup which is also based in France).
BuyBox, distributed on Saas mode, is now successfully deployed via well known customers such as Celio, Wonderbox.fr or Micromania. BuyBox is also distributed by partners like Atos Worldline and LaSer, who integrate our solutions to their own offers to e-merchants.