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Powa Technologies is a U.K. based technology company, known for its commerce, mobile commerce and e-commerce services. The company’s flagship product is the mobile application PowaTag.

History
Powa was founded in 2007 by British entrepreneur Dan Wagner. The company is attributed as receiving the largest Series A funding round for a technology start-up, collecting $76 million from the Wellington Management Company in August 2013. The investment attracted the attention of David Cameron. In June 2014, Powa Technologies acquired Hong Kong business MPayMe and its ZNAP technology. Following the acquisition, Wagner suggested that Powa had an enterprise value of $2.6 billion.