What Company Is Offering:
Obopay, Inc. is a pioneering service that lets consumers and businesses purchase, pay, and transfer money through any mobile phone using Obopay's mobile application, text message, mobile Web, widget or Obopay.com. As the first mobile payment service created exclusively for the mobile phone, only Obopay works on any phone and any carrier to empower consumers and businesses with the convenience of mobile payments.
How Much They Got From VCs:
Obopay, Inc., the pioneering service provider for payments via mobile phones, announced the closing of its $20 million fourth round of venture funding and the addition of two new board members. This latest round of investment builds on Obopay's enormous momentum in its business and high-profile partnerships.
"This round of investment builds on Obopay's proven success in the mobile payments market," explained Carol Realini, CEO of Obopay. "With our continuing focus on delivering services built on specific feedback from consumers, such as the ability to send money from and receive money to any US bank account, the success of our partnerships and our international expansion, we remain confident in the viability of the American -- and global -- mobile payments market."
More at:www.obopay.com
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