Overview

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Acquisitions
1 Acquisition
Total Equity Funding
$144.76M in 6 Rounds from 13 Investors
Headquarters:
Redwood City, California
Description:
Obopay is a mobile application that allows consumers and businesses to purchase, pay, and transfer money through any mobile phone.
Founders:
Categories:
Mobile Payments, Financial Services, Mobile
Website:
http://obopay.com
Social:

Company Details

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Founded:
2005
Employees:
3 in Crunchbase

Obopay lets consumers and businesses purchase, pay, and transfer money through any mobile phone using Obopay’s mobile application, text message, mobile Web, or Obopay.com. Obopay works on any mobile phone and any carrier in the U.S. Obopay’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.

Funding Rounds (6) - $144.76M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2011$8.76M / Venture0
Mar, 2009$70M / Series E1
Apr, 2008$20M / Series D10
Jul, 2007$29M / Series C6
Sep, 2006$7M / Series B4
Mar, 2006$10M / Series A3

Acquisitions (1)

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DateAcquiredAmount
Jan 30, 2007Cash & Stock

Current Team (3)

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Board Members and Advisors (1)

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Products (1)

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  • Obopay was launched in 2006

Competitors (10)

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  • With boxPAY,customers can make a web purchase without a credit card; they simply enter their mobile phone number at the point-of-sale.
  • Dwolla is a free web-based software platform allowing users to send, receive, and request funds from another user.
  • Google is a multinational corporation that is specialized in internet-related services and products.
  • KushCash is a payment system that allows users to make cash transactions from anywhere via mobile devices.
  • Mpayy is a multichannel payment processor for individuals, small businesses, charities, political parties, e-commerce retailers.
  • OpenCuro is an online payment and money transfer service for individuals and online and offline merchants to make payments securely.
  • Paymate provides secure, internet-based payment services in 57 countries around the world.
  • PayPal provides online payment solutions to its users worldwide.

Offices/Locations (1)

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  • Office

    275 Shoreline Drive

    Suite 400

    Redwood City, California

    United States

Past Team (11)

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