Clareon, a Portland-based business payment service, filed for bankruptcy and wi

Authors

Sean Donahue

Source

Mainebiz

Date

11-25-2002

Pages

1, 10

Abstract

Clareon, a Portland-based business payment service, filed for bankruptcy and will sell its assets to FleetBoston. Its situation mirrors the rise and falls of many Internet-based companies. Analysts say it didn't sign up enough customers to create a sustainable business before the economic downturn dried up venture capital. Details.

Subjects

Bankruptcy, Electronic commerce, Clareon Portland

Recommended Citation

Donahue, Sean, "Clareon, a Portland-based business payment service, filed for bankruptcy and wi" (2002). Maine News Index – MaineBiz. 2226.
https://digitalcommons.portlandlibrary.com/news_mainebiz/2226