In a clever publicity stunt, Obopay executives contributed to the company's latest round of funding by wiring their investments from their mobile phones' Obopay accounts, according to a report from GigaOM. Obopay had already raised $48 million so the latest round takes the company up to $60 million so far, but the $20 million round isn't complete. Obopay managed to score 41 licenses in order to become a registered money transfer agent in the U.S., which should help the company's platform to become carrier and bank agnostic.
For more on Obopay's latest round:
- read this Obopay raises $20M article [1]
Links:
[1] http://gigaom.com/2008/04/17/obopay-gets-20m-to-send-money-via-mobiles/