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Citcon

Silicon Valley-based CITCON is the mobile payment solution leader for the fast-growing international travel commerce and retail market. In North America, CITCON is the first and largest authorized merchant acquirer for Alipay and WeChat Pay, two of the most popular mobile wallet providers in the world with over 1 billion active consumers. CITCON provides both in-store, and mobile / web / E-commerce payment solutions for thousands of merchants including renowned brands such as Caesars Entertainment Group, DFS, Pacific Gateway, China Unicom, YamiBuy among others, covering a variety of travel related sectors, such as Retail, Hotel, Food & Beverage, Transportation, Entertainment and Ecommerce. CITCON was founded by Chuck Huang, a mobile payment veteran with over 10 years experience in financial services and payment industries in both China and the US. CITCON management team consists of payment and technology veterans from Visa, PayPal, eBay, and Western Union. CITCON is backed by top notch Silicon Valley venture capital firms and received strategic investments from two public-traded multi- billion-dollar technology companies in China. For more information, please visit http://www.citcon.com/

2

Funding Rounds

$35.0m

Money raised

Overview

Silicon Valley-based CITCON is the mobile payment solution leader for the fast-growing international travel commerce and retail market. In North America, CITCON is the first and largest authorized merchant acquirer for Alipay and WeChat Pay, two of the most popular mobile wallet providers in the world with over 1 billion active consumers. CITCON provides both in-store, and mobile / web / E-commerce payment solutions for thousands of merchants including renowned brands such as Caesars Entertainment Group, DFS, Pacific Gateway, China Unicom, YamiBuy among others, covering a variety of travel related sectors, such as Retail, Hotel, Food & Beverage, Transportation, Entertainment and Ecommerce. CITCON was founded by Chuck Huang, a mobile payment veteran with over 10 years experience in financial services and payment industries in both China and the US. CITCON management team consists of payment and technology veterans from Visa, PayPal, eBay, and Western Union. CITCON is backed by top notch Silicon Valley venture capital firms and received strategic investments from two public-traded multi- billion-dollar technology companies in China. For more information, please visit http://www.citcon.com/

Funding

Funding series

Funding Series Analysis

The company Citcon has raised a total of $35m in funding over 2 rounds.

Key Insights:

  • Citcon Series C round, October 2021: $30m
  • Citcon , April 2019: $5m
Citcon logo
Citcon Series C round, October 2021 $30m
Citcon logo
Citcon , April 2019 $5m

Industries

Citcon is active in the following industries:
  • Finance
  • Payment
  • Financial technology
  • Technology