Mobile Banking Provider Clairmail Sells to Monitise for $173 Million

A big payday today for one of the companies competing in the ultra-competitive mobile banking space. U.K.-based Monitise has agreed to acquire Clairmail of San Rafael, Calif., for $173 million, pending regulatory and shareholder approvals. Together, the two companies will provide banking technology to financial institutions worldwide.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik