June 27th, 2012

Mobile Payments Startup Kuapay Grabs $4 Million Investment, Readies Global Expansion

kuapay-closeup

Well, it appears to be mobile payments day here at TechCrunch. When it rains, it pours, right? Another announcement hitting the wires today comes from global mobile payments startup Kuapay, which has just closed a $4 million round of funding from a single, private investor. The company was started in January 2011 by Joaquin Ayuso de Paul, best known as a co-founder of Tuenti, a company often… → Read More

March 2nd, 2012

Retailers Getting Into Mobile Payments, Citing Security Concerns, Wanting User Data

George-Costanza-wallet

Consumers may be ready for mobile wallets, but the marketplace is not. Especially if stuff like this keeps happening. Apparently, some two dozen retailers, including big names like Walmart and Target, are working together to create their own mobile payments system, according to sources at the WSJ. That means in addition to mobile wallets provided by banks, mobile operators (Isis), credit card… → Read More