X

TradeCard deals $25.5 million

TradeCard announced Monday that it has raised $25.5 million in a third round of funding, led by Warburg Pincus. New York-based TradeCard has raised a total of $70 million. The company's software is designed to enable buyers, sellers and banks to conduct international transactions via the Internet, rather than use paper-based letters of credit.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
See full bio
Dawn Kawamoto
TradeCard announced Monday that it has raised $25.5 million in a third round of funding, led by Warburg Pincus. New York-based has raised a total of $70 million. The company's software is designed to enable buyers, sellers and banks to conduct international transactions via the Internet, rather than use paper-based letters of credit.