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Nokia Takes Minority Stake In Mobile Payments Provider Obopay

Mar 25, 2009 8:10 AM

Handset giant Nokia (NYSE: NOK) has invested an undisclosed amount for a minority stake in Obopay, the Redwood City, California-based mobile payments provider. Obopay said it would use the funding, which comes directly from Nokia itself, and not its venture capital fund, to “aggressively extend their product suite and enhance…

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Posted In: E-Commerce, Payment Systems, Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, Companies, Nokia, Countries, Asia, India, obopay

Mobile Payment Service Obopay Raises $20 Million; Total At $68 Million

James Quintana Pearce

Apr 17, 2008 7:38 PM

Mobile payment company Obopay has raised $20 million in its fourth round of funding, reports GigaOM. The round isn’t finished and the final amount may go higher—so far the only investor details given are “CEO Carol Realini ... and other Obopay executives contributed to the round by wiring their investments…

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Posted In: E-Commerce, Payment Systems, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, obopay