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February 23, 2011 05:53 pm GMT

SponsorPay Takes Funding From Nokia Growth Partners To Target Mobile

SponsorPay, the European provider of advertisement-based payment systems, has raised further investment. This time the undisclosed funding comes from Nokia Growth Partners, the $350m fund with close ties to Nokia itself. It should comes as no surprise then to learn that SponsorPay intends to use the new capital to support its expansion to mobile devices, tapping the Finnish handset maker's contacts along the way.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/r21hJ2itCwQ/

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