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Mobile Money

  • Shopkeep

    Shopkeep raises $25M from investors Edit Post

    Despite this week’s reports of Square facing losses, investors have not been deterred from backing US rival Shopkeep with an additional $25 million, as shoppers look for more flexibility in paying and ordering goods in stores. Thayer Street Partners led the Series C investment joined by the start-up’s earlier backers: Canaan Partners, Tribeca Venture Partners, TTV ...

  • SIM cards

    Nearly half of global NFC SIM shipments go to Japan and Korea - SIMalliance Edit Post

    NFC-enabled SIM shipments grew to 78 million globally in 2013 from 30 million the previous year, according to the SIMalliance, the industry association whose members account for a majority of the global market for SIM cards. And nearly half last year’s figure (37 million) was accounted for by just two markets – Japan and Korea. Elsewhere North ...
  • vodafone_logo

    Vodafone India reaches national coverage for M-Pesa Edit Post

    Vodafone completed the national rollout of M-Pesa in India this week but warned that its distribution of the mobile money service is limited by the country’s banking regulation. The operator, which partners local financial institution ICICI Bank on the rollout, launched M-Pesa this week in the state of Andhra Pradesh to reach national coverage. M-Pesa is available through 60,000 ...