MCI invests in Scandinavian mobile payments company

MCI.TechVentures 1.0, a fund managed by Private Equity Managers has invested in Swedish mobile e-payments company iZettle, a press release read. All the funds managed by PEManagers Group are planning further projects for the upcoming months. As much as PLN 400 mln has been invested since the beginning of the year, the company reported. Listed on the Warsaw Stock Exchange since April 2015, PEManagers Group achieved a consolidated net profit of PLN 37.6 mln in the first half of 2015, an increase of 80% year-on-year.