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April 11, 2012 07:35 pm GMT
Mobile payments platform Beamit, which focuses on international money transfers between the U.S. and developing markets, has just closed a $2.4 million seed round led by Founder's Co-op, with participation from Bezos Expeditions (the personal investment company of Jeff Bezos), TomorrowVentures(the investment vehicle for Eric Schmidt) and a small group of angel investors.The funds will be used to further product development as the company moves towards public availability, currently slated for Q3 2012. The company says the first market being targeted is the Philippines.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4DX3-17FDYM/
Mobile Payments Startup Beamit Raises $2.4M From Founders Co-op, Jeff Bezos, Eric Schmidt & Others
Mobile payments platform Beamit, which focuses on international money transfers between the U.S. and developing markets, has just closed a $2.4 million seed round led by Founder's Co-op, with participation from Bezos Expeditions (the personal investment company of Jeff Bezos), TomorrowVentures(the investment vehicle for Eric Schmidt) and a small group of angel investors.The funds will be used to further product development as the company moves towards public availability, currently slated for Q3 2012. The company says the first market being targeted is the Philippines.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4DX3-17FDYM/
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