Zaver raises $2M more from existing investors.

Zaver, a Stockholm, Sweden-based company providing a payment solution reducing fraud and enabling credit financing at point-of-sale in P2P transactions, announced that it made a capital raise of SEK 20M ($2M).

The funding was backed by existing investors.

Zaver, operated by Frink AB, was founded in 2016 by Amir Marandi, Linus Malmén and Filip Gauffin in order to build a business based on a payment solution for p2p transactions. The solution is reducing fraud and enabling credit financing at point-of-sale in P2P transactions.

Since founding, prior to this round, Zaver raised almost $2M in capital from external investors.