Connecticut Innovations (CI) announced it has invested $1.5 million in Dream Payments, a fintech company that provides a cloud-based mobile payment platform for merchants and financial institutions. CI stated that the $1.5 million investment will help to further fuel the growth of Dream’s market share and accelerate the company’s entry into the United States.
Speaking about the investment, Matt McCooe, CEO of CI, stated:
“CI is excited to close this deal with the top investment award winner of VentureClash. This company has a strong leadership team and we look forward to supporting the company’s expansion in the U.S. market.”