Commerce

Visa Acquires Fundamo, Inks a Deal With Monitise

Published on June 9, 2011
by Drake Martinet

In a pair of mobile moves, Visa today announced its acquisition of Fundamo, a mobile banking platform for developing nations, and an agreement with Monitise, a provider of, among other things, mobile-based person-to-person payments. Price of the deals was not disclosed. The moves come on the heels of Visa’s late-April investment in Jack Dorsey’s Square, a mobile payments platform for iPhone and iPad.

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URL: http://allthingsd.com/20110609/visa-acquires-fundamo-inks-a-deal-with-monitise/