|Venture Round, 3/10 ||$6M|
|Series B, 8/10 |
|Venture Round, 4/11 |
Payfone brings payment processing, telco, and web 2.0 expertise to mobile commerce. Our youth is our strength. Most mobile payment companies are over eight years old â€“ built on legacy thinking. We’re driven by the belief that the next round of explosive internet growth is upon us. We’ve rebuilt mobile commerce using our unique IP and established strategic partnerships with leading telco network operators.
Payfone is a member of the GSMA and is based in New York, NY. The company was founded in March 2008 and is backed by BlackBerry Partners Fund, Opus Capital, RRE Ventures, Verizon Ventures, Rogers Communications and American Express.