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News Byte
Social Commerce Startup Chirpify to Power In-Stream Credit Card Purchases
Chirpify, the social commerce platform that lets anyone sell goods or content on social networks through tweets or comments, is now allowing its customers to accept credit card payments. Previously, the only payment method was PayPal. The Portland, Ore.-based company lets people buy things on social networks with a single tweet or comment after connecting their credit card or PayPal account to the service. Chirpify charges its enterprise customers a 2.9 percent transaction fee, plus 30 cents per transaction, according to its website.
Been to Apartment Hell and Back? A New Start-Up, Cozy, Wants to Simplify Renting.
Cozy lets renters build personal profiles, and helps landlords suck the monthly rent out of bank accounts.
Email Money to Friends With Square Cash (But Only if You Work for Twitter, Pinterest or Box)
A new kind of cash — via email — from the micro-payments company.
News Byte
Google Loses Its Wallet VP
Osama Bedier, who joined Google in 2011 and headed the Google Wallet payment business, is leaving the company. Google confirmed a VentureBeat report, saying Bedier had decided to pursue unspecified opportunities.News Byte
Led by Andreessen Horowitz, Payments Startup Dwolla Raises $16.5 Million
Payments startup Dwolla announced Tuesday it raised a $16.5 million round led by Andreessen Horowitz, with AH partner Scott Weiss to join Dwolla’s board. Former investors USV, Thrive and Village Ventures also participated in the round. Dwolla has built its own payments network, circumventing the usual fees associated with ACH networks (long used by credit card companies), charging 25 cents per money transfer.An Amazonian Challenge: Jason Del Rey Joins All Things Digital, Covering Online Commerce
As the Internet of Things escalates and the offline and online worlds continue to combine, this reporter will chronicle it.
News Byte
Payments Startup Balanced Raises $2 Million
Balanced, a startup that focuses on bringing payments systems to network-based companies like Airbnb and Kickstarter, announced Tuesday that it raised $2 million in venture capital. Andreessen Horowitz participated in the round, along with CollabFund and a number of current and former Facebook employees. The ten-person startup had already raised $1.4 million in funds from Ashton Kutcher, Airbnb CEO Brian Chesky and Reddit CEO Yishan Wong, among others.To VC or Not to VC: Former Square COO Rabois Leaning Toward Khosla Ventures Job
A Silicon Valley choice.
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Square’s “Business in a Box” Offers a Digital Register for $300
It’s already pretty straightforward to set up a Square account, but the company wants to streamline the process of registering with its app even further.American Express Cardholders Can Now Tweet to Buy
American Express has been using social networks to distribute offers for more than a year, but this marks the first time it is selling things.
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