European Offer Provider SponsorPay Takes $5M Funding
SponsorPay, a European company that creates in-app offers that users can complete for virtual currency, has taken its first full round of venture capital. Hasso Plattner Ventures led the $5 million funding.
The company says that it has grown to 40 employees, serving 150 million users in over 100 countries. In February, it acquired its European competitor GratisPay, becoming a larger player in that region.
Other companies, like Offerpal Media and Adknowledge, continue to lead in the US.
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