Tampa fintech firm with top-level clients raises $20 million

Mobile payments firm Mad Mobile Inc. has raised $20 million in financing from Eastward Capital Partners. 

This capital infusion will accelerate further development of Mad Mobile's technology platform for modern point-of-sale and payments and will fuel commercial market growth, company officials say in a statement. The company works with more than 21,000 major retail and restaurant locations, with a customer list that includes Ralph Lauren, Tractor Supply, Meijer, Texas Roadhouse, Talbots, Aramark, Estee Lauder, Signet Jewelers, PF Chang's, Brooks Brothers, Urban Outfitters, Ike's Love & Sandwiches, Pandora, Snipes and West Marine.