Last month we reported on Charles Dunstone’s investment in Swedish mobile payment business iZettle. Today iZettle has launched its product commercially.
Registered users (currently just in Sweden) need to download a free app to their iPad, iPhone or iPod touch and order a plug-in card reader from iZettle. They’re then able to take ‘chip and PIN’ payments whenever they want.
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Swedish business iZettle, which enables individuals and small businesses to take ‘chip and PIN’ card payments on a mobile phone (rather like Square in the USA), says it’s just received €8.2 million (£7.1 million) in funding.
The money has come from by Index Ventures with co-investor Creandum and further investment from Charles Dunstone, CEO and co-founder of The Carphone Warehouse.
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Online video editing service JayCut has become part of Research In Motion.
In a blog post, JayCut CEO Jonas Hombert said "After spending time with RIM's CEO Mike Lazaridis as well as the founders of The Astonishing Tribe, an amazing group of creative individuals that was acquired by RIM in January, I could see that we would fit in well with them."
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The final news story in this week's edition of The Fonecast was about the use of mobile video streaming service Bambuser to cover Jukka Mutanen's 1000 kilometre cross-country drive through Finland on a small excavator. This entire journey is being streamed live on Jukka's Bambuser page.
We spoke to Bambuser CEO Hans Eriksson about his company, about its technology and about Jukka's trip. There was only time for a couple of minutes of our conversation in Wednesday's podcast so we've now created a special broadcast that includes the entire chat.
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As O2 UK announces its successful 4G LTE trial, TeliaSonera is launching commercial 4G LTE services to customers in Sweden and Norway – which it says makes it the first network operator in the world to offer a commercial 4G service.
The services cover the central city areas of Stockholm and Oslo and will be used for mobile data.
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