Obopay Complete Mobile Payment Service
March 8th, 2006
Obopay, which will soon bring to market the first comprehensive mobile payment service in the U.S. that allows subscribers to get, send and spend money directly from their mobile phones, announced today it has received $10 million in funding. Investors include Redpoint Ventures, ONSET Ventures, and New York based Richmond Management.
Obopay is working with carriers, merchants and financial institutions to bring to market the first comprehensive mwallet service offered directly to U.S. consumers. Using Obopay, consumers will have access to the fastest way to get, send and spend funds anywhere they choose right from their mobile phones.
Obopay’s comprehensive service will offer new opportunities for mobile service providers, merchants, financial service organizations and especially consumers. Mobile service providers that work with Obopay will be able to immediately offer their subscribers a complete mobile digital payment solution.
