Sentences with phrase «social payments startup»
That's why he invested in the social payments startup WePay, which he hopes will take on PayPal.
https://gigaom.com/ Not exact matches
The traditional «huge but bounded» closed contractual universe of credit card companies, banks and merchants is not easily replicable for competing and technologically incompatible payment mechanisms launched by telecoms, device manufacturers, social media giants, innovative merchants and garage - based startups.
It may have started as a Bitcoin wallet but veteran entrepreneur Jeremy Allaire's fintech startup Circle has since shifted focus to social payments, launching an app in Q4 last year that lets users send U.S. dollars to settle IOUs between each other, with its pitch being it makes payments as easy as firing off an SMS (and perhaps cheaper, given there's no fees involved for Circle users).