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Kuapay

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Kuapay was founded by Joaquin Ayuso de Paul, co-founder of Tuenti.com, the successful Spanish social network sold to Telefónica for 100 million dollars.

Its goal is to create a mobile wallet where all your cards are virtualized so that you can pay with your phone in any store that is Kuapay-enabled.

Kuapay is currently operating in the US and in Chile. Their major launch is happening in Chile where they are allied with the top retailers, operators, and credit card processors of the country.

In the US, they are soft launching in Santa Monica at a number of local businesses.

They recently publicly unveiled their product at the Mobile World Congress in Barcelona 2012.

Recent Milestones

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• 
  Kuapay received $4M in Angel funding. (6/22/12)
  Posted 6/27/12 at 7:37am via techcrunch.com
• 
  Kuapay received $400k in Angel funding. (5/1/12)
  Posted 6/27/12 at 7:37am
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  Kuapay received $1.2M in Seed funding. (3/1/12)
  Posted 5/3/12 at 4:54pm via socaltech.com
• 
  Kuapay added Fernando Avila as VP R&D. (5/1/11)
  Posted 5/10/12 at 7:11am
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  Kuapay added Virginia Masa as VP Marketing. (5/1/11)
  Posted 5/10/12 at 7:11am
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  Kuapay added Sebastian Vidal as VP Technology. (5/1/11)
  Posted 5/10/12 at 7:11am
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  Kuapay received $900k in Seed funding. (3/1/11)
  Posted 5/3/12 at 4:54pm via mashable.com
• 
  Kuapay added Catalina Mayorga as VP Legal. (1/25/11)
  Posted 5/10/12 at 7:11am
• 
  Kuapay added Joaquin Ayuso as Founder and CEO. (1/1/11)
  Posted 5/3/12 at 4:54pm

Videos

Screenshots

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Above: Application Screenshot
Uploaded: 5/10/12

Sources

1. Kuapay Lets Mobile Users Pay with QR Codes (mashable.com) [edit]
2. Kuapay takes on mobile payments, Loyalty with $2M (socaltech.com) [edit]
3. Citation Needed [add]
4. http://techcrunch.com/2012/06/27/mobile-payments-startup-kuapay-grabs-4-million-investment-readies-global-expansion/ (techcrunch.com) [edit]