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obopay
About
Obopay is a mobile application that allows consumers and businesses to purchase, pay, and transfer money through any mobile phone.
- 101 - 250
Highlights
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $29M
- Industries
- Financial Services,Mobile,Mobile Payments
- Founded date
- Jan 1, 2005
- Number Of Employee
- 101 - 250
- Operating Status
- Active
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
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 21, 2008 | Series D | $20M | 3 |
Essar Communications Holdings
|
— | Detail |
| Jul 1, 2007 | Series C | $29M | 2 | — | — | Detail |
| Sep 1, 2006 | Series B | $7M | 2 | — | — | Detail |
| Mar 8, 2006 | Series A | $10M | 2 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Essar Communications Holdings
|
Yes | Series D |
Citi
|
— | Series D |
Redpoint
|
— | Series D |
Richmond Management
|
— | Series B |
