Mobile payment business Boku has acquired carrier billing specialist mopay.
The deal makes Boku the largest standalone provider of carrier billing-based mobile payment services in the world, with a combined customer base that includes Electronic Arts, Facebook, Gameloft, Sony, Spotify and Valve.
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Mobile ticketing business Corethree has arranged a partnership with carrier billing specialist Boku.
It means consumers will be able to charge bus tickets to their mobile phone account when they buy them via a Corethree application.
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In this week's news report we're discussing PayPal's latest mobile money initiative, we're looking at London Underground's new WiFi service and we're transfixed by Vodafone's m-health move. Listen to all this - and much more - online at TheFonecast.com.
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Mark Bridge writes:
Mobile financial services were making the headlines yet again last week. Not once. Not twice. No, we noticed at least three separate (and all pretty big) stories to talk about.
First came Nokia’s planned withdrawal from its mobile money service, which will leave around a million people in India looking for a new mobile wallet.
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Online mobile payment business BOKU has announced $35 million in new funding. Telefónica Digital, New Enterprise Associates and a number of other venture capital businesses will be joining previous investors.
BOKU says the money will be used to expand its team, broaden its infrastructure and continue its global expansion.
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