|Description||Mobile payment solutions|
|Series A, 3/2006 |
|Series B, 9/2006 |
|Series C, 7/2007 |
|Series D, 4/2008 |
Essar Communications Holdings
|Series E, 3/2009 |
|Partial Close, 7/2011 ||$8.76M|
Obopay lets consumers and businesses purchase, pay, and transfer money through any mobile phone using Obopayâ€™s mobile application, text message, mobile Web, or Obopay.com. Obopay works on any mobile phone and any carrier in the U.S. Obopayâ€™s prepaid MasterCard works with any merchant that accepts MasterCard debit cards. Obopay has partnerships with Citi, Fidelity Information Services, MasterCard MoneySend, Bancorp, Verizon Wireless, AT&T and RIM.
Obopay has a wholly owned subsidiary in India whose service launched in March, 2008. Obopay India has announced partnerships with YES Bank, Aircel, BPL and Tata Indicom.
|Launch Date||March 30, 2006|