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Paymo is currently available in more than 50 markets around the...<a class="vbp-toggle-more tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">More&raquo;</a></p>\n\t\t\t<p class="vbp-description vbp-description-long vbp-hide tradevibes_hidden">Paymo is the trusted mobile payments network that allows consumers anywhere in the world to buy online and pay with their mobile phone. Paymo is currently available in more than 50 markets around the globe, enabling mobile payments to over 1.5 billion consumers in Europe, North and South America, the Middle East, Africa and Asia. <br/><br/>For merchants \u2013 Paymo dramatically increases revenues, allowing hundreds of millions of new customers who do not have or do not want to use a credit card to buy products and services online. Paymo handles all the user billing, provides a simple electronic confirmation of the purchase and settles in the merchant\u2019s chosen currency. <br/><br/>For consumers \u2013 Paymo provides an easy, fast and safe way to pay online. You don\u2019t need a credit card, or a bank account. You don\u2019t need to register. Simply by entering your mobile phone number and replying to a text message you can make a purchase. <br/><br/>Paymo was acquired by Boku in 6/09<a class="vbp-toggle-more tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">&laquo;Less</a></p>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Overview</h5>\n\t\t\t\t<p><strong>Location:</strong> \tSan Francisco, CA, United States\n</p>\n\t\t\t\t<p><strong>Industry:</strong> Business Internet</p>\n\t\t\t\t<p><strong>Employees:</strong> 30</p>\n\t\t\t\t<p><strong>Tags:</strong>\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=mobile+payments">mobile payments</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=mobile">mobile</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Paypal">Paypal</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=paymo">paymo</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=mobile+purchasing">mobile purchasing</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Payments">Payments</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=monetize">monetize</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=monetization">monetization</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=platform">platform</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=payment">payment</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=network">network</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=social">social</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Financials</h5>\n\t\t\t\t<p><strong>Latest Funding:</strong> Seed - $5M (2008)</p>\n\t\t\t</div>\n\t\t</div><!-- col -->\n\t\t<div class="vbp-right-col vbp-col">\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Market</h5>\n\t\t\t\t<p><strong>Competitors:</strong>\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/paypal?src=widget">PayPal</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/mobillcash?src=widget">MobillCash</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/daopay?src=widget">daopay</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/boku?src=widget">Boku</a>\n\t\t\t\t</p>\n\n\t\t\t\t<p><strong>Related Companies:</strong>\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/zong?src=widget">Zong</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/blingnation?src=widget">BlingNation</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/liverail?src=widget">LiveRail</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/obopay?src=widget">Obopay</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/noca?src=widget">Noca</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/clear2pay?src=widget">Clear2Pay</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/phinditt-ads?src=widget">Phinditt Ads</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/cng-processing?src=widget">CNG Processing</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/onetxt?src=widget">OneTxt</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/smart-voucher?src=widget">Smart Voucher</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\n\t\t\t<div class="vbp-news">\n\t\t\t\t<h5>Recent News</h5>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/paymo?article=147484">\n\t\t\t\t\t<em>Jul 13, 2009</em>\n\t\t\t\t\t<strong>Eight virtual goods companies, including Facebook, raised $237 M in second quarter</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/paymo?article=202845">\n\t\t\t\t\t<em>Jan 23, 2010</em>\n\t\t\t\t\t<strong>Prakash Digital</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/paymo?article=147979">\n\t\t\t\t\t<em>Jul 16, 2009</em>\n\t\t\t\t\t<strong>Love It or Hate It, Spymaster is Invading Facebook</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/paymo?article=143482">\n\t\t\t\t\t<em>Jun 16, 2009</em>\n\t\t\t\t\t<strong>BOKU Launches Mobile Payments Service</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/paymo?article=143443">\n\t\t\t\t\t<em>Jun 16, 2009</em>\n\t\t\t\t\t<strong>BOKU Launches, Makes Some Mobile Purchases For Mobile Payments</strong>\n\t\t\t\t</a></p>\n\t\t\t</div>\n\n\t\t</div><!-- col -->\n\t</div><!-- content -->\n\t<p class="vbp-footer">\n\t\t<a href="http://venturebeatprofiles.com/company/profile/paymo?src=widget">Paymo Company Profile</a> powered by <a href="http://venturebeatprofiles.com/?src=widget">VentureBeat Profiles</a>.\n\t</p>\n</div><!-- widget -->\n'
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