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Obopay launches mobile payment service to compete with PayPal Mobile

PALO ALTO, Calif.—Obopay officially came out of stealth mode, unveiling a mobile payment service that will allow users to make purchases and send and receive funds on their handsets. The startup outlined a downloadable application that offers real-time purchases and transfers and can be...

VCs bet $10 million on m-commerce for Obopay

PALO ALTO, Calif.-M-commerce software developer Obopay said it has snared $10 million in Series A venture funding. Obopay, which was founded last year, plans to offer a mobile payment service in coming months that would allow users to make purchases and manage funds from...

Venture capitalists bet on m-commerce through $10M round for Obopay

PALO ALTO, Calif.—M-commerce software developer Obopay said it has snared $10 million in Series A venture funding. Obopay, which was founded last year, plans to offer a mobile payment service in coming months that will allow users to make purchases and manage funds from...