Mobile Payment App Continues Expanding

Flint Mobile secures more funding for expansion, adds Sell Now feature for easier online selling.

Flint Mobile, a mobile payment service, has secured $9.4 million in funding to continue expanding its mobile-centric business management platform for small businesses operating outside traditional storefronts, such as landscape and lawn care contractors. This new round of funding was led by Verizon Ventures, the investing arm of mobile and broadband provider Verizon Communications, with follow-on investments by several others.

“More than 17 million independent businesses in the U.S. provide a significant portion of their goods and services in flexible or transient work environments," says Greg Goldfarb, Flint CEO. “By enabling these businesses to run core revenue functions like payments, invoicing, couponing, and now online sales from a single app and focusing on ease of use, we are well positioned to become the leading mobility platform for a large market segment.”

New 'Sell Online' Feature. Flint has also announced a new Sell Online feature that brings easy online transaction capabilities to the Flint platform without requiring merchants to set up a separate e-commerce service. Now merchants can add custom “Buy Now” buttons to their website or insert secure e-commerce links in email campaigns or social feeds and process payments through Flint.

With this extension, Flint provides a mobile-optimized service for the three most prevalent modes of local payments—on-the-spot, invoicing with online bill pay, and e-commerce—and brings all transactions into a single view for easier management. No card reader hardware, billing paperwork or shopping cart integration is required.