European E-Payments Firm ClickandBuy Gets Funds From Intel Capital

Authored by Mark Hefflinger on January 18, 2007 - 11:23am.

Zug, Switzerland - European digital payments firm ClickandBuy announced on Thursday that it has received an undisclosed investment from Intel Capital.

The Switzerland-based company's e-commerce system claims more that 7 million users, and is utilized by more than 7,000 merchants, including Apple's iTunes Store, Electronic Arts, Skype, The Independent and Financial Times Deutschland.

ClickandBuy received a $30 million investment from 3i in January 2006, which, along with the funds from Intel Capital, will be used in the company's plans expand into both Asia and Latin America in 2007.