New York, NY – According to filings with the U.S. Securities and Exchange Commission, FEVO is raising $18,200,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Ari Daie played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About FEVO

Fevo is a 65-person, Series-A venture backed B2B social payments platform revolutionizing how groups pay – effortlessly bringing friends (and their friends’ friends) together for their favorite life events. We integrate with the largest and best live event and hotel brands and inventory management systems in the world to enable social payments and to drive latent demand. Think visible Facebook groups meets Zelle co/white-labeled and fully integrated onto the largest, most recognized and best experiential brands in the world, but without FB/Mark Zuckerberg owning your data. With Fevo you own your social graph and your data and all on your own domain and Apps. That’s Fevo.

To learn more about FEVO, visit http://new.fevo.com/

Contact:
Ari Daie, President and Chief Executive Officer
917-336-7373
https://www.linkedin.com/in/arieldaie/

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