Looks like Amazon may have quietly made another acquisition, and another move to expand its role in the world of mobile: Italian newspapers are reporting that the e-commerce giant has acquired Gopago, a startup that offers consumers an iOS or Android mobile app to pre-pay for goods before picking them up at a store, and retailers a point-of-sale system to process those orders and more.
Square has just announced that it has acquired Evenly, a company that was built to make it easy for friends to send and receive payments for splitting bills and other expenses. The company was founded in 2012, and was similar in concept to Venmo, an NYC-based startup that was acquired by Braintree last year.
Powa Technologies, a UK startup that’s been working on an integrated mobile payments and e-commerce platform with some augmented reality thrown into the mix, is today announcing its first round of outside funding — and it’s a doozy. The company says that it has picked up a Series A round of $76 million to take its technology global, and to a retailer near you with what CEO and founder Dan Wagner describes as the ultimate “killer app” for commerce.
Carrier-backed mobile payments initiative Isis is gearing up support for its mobile wallet platform ahead of the nationwide launch later this year. Today, Isis is announcing Chase has signed on to be a part of the national rollout, following the pilot trials in Austin, Texas and Salt Lake City, Utah.
Starbucks is seeing impressive adoption of mobile payments in its U.S.-based store locations, the company revealed during its quarterly earnings conference call last night (via WSJ). Mobile payments crossed the 10 percent mark in the U.S. as a percentage of in-store purchases, indicating efforts like the Starbucks mobile app, Apple’s Passbook and Square Wallet are popular among users.
Several Android apps are offering discounts for customers using Google Wallet’s “Buy with Google” button as the company tries to ramp up adoption of its payment processing service. The button, which allows 2-click checkouts on mobile apps, is one of the strategies Google is deploying in its multi-pronged attack on PayPal’s dominance.
With Square, PayPal and other U.S. players slowly rolling out their first international services, local mobile payments startups want to make sure they will keep up, too, and so today, iZettle — sometimes called the “Square of Europe” — is announcing a strategic investment of “more than €5 million” ($6.6 million) from Banco Santander, the largest bank in Europe. A single-digit-millions round may not sound like much when you consider that Square has raised $341 million, $200 million in its last round alone. iZettle is calling this a “strategic investment,” though, with more help coming in the way of distribution and helping iZettle gain more ubiquity in Europe, and possibly beyond.
SumUp, one of the many European mobile card reader startups targeting small businesses — and taking advantage of Square’s continued absence to acquire users and build out a business — has taken another step designed to expand its reach by announcing a partnership with Revel Systems, a maker of iPad POS software.