Payment processing service WePay has raised $10 million in new funding, the company announced Thursday.
Guest Post Facebook’s $1 billion purchase of Instagram was the topic on everyone’s lips at Mega Startup Weekend last Saturday and Sunday. The world’s most expensive “Like” has clearly gotten tech entrepreneurs buzzing about who will be next. While there’s no way to know which big deal will be next, here are five tech deals that make sense and need to happen:
Heather Kelly/VentureBeatExecutives networking at VentureBeat's Mobile Summit 2012 at Cavallo Point in Sausalito, Calif.
[vimeo 38667389 w=558 h=314] The past week was packed with big news, thanks in part to the South By Southwest Interactive conference in Austin. Jolie O’Dell was there interviewing movers and shakers, so executive editor Dylan Tweney filled in as host of VBWeekly.
[youtube=http://www.youtube.com/watch?v=6aAptQiblCA&w=560&h=315] PayPal’s announcements have been all over the news lately, and at South By Southwest, vice president of global product and experience, Sam Shrauger, took some time to explain the company’s new approach to consumers and their money: the Paypal digital wallet.
PayPal’s Here mobile payments products represent a direct assault on Square, and the company adds in a few features that would take some effort for Square to replicate.
Guest Post PayPal is set to launch a competitor to media darling Square at an event in San Francisco scheduled for tomorrow, according to GigaOm and Bloomberg.
Guest Post PayPal is set to announce a major new payments service tomorrow. According to a GigaOm report, it plans to introduce a dongle that will compete with Square and Intuit’s GoPayment product.
Stripe, an online-payment system company going after PayPal, is said to have raised $18 million at a $100 million valuation from Sequoia Capital and other investors, Bloomberg reported Thursday.
Guest Post Mobile payments are a revolution waiting to happen. It just makes sense that, with so many of us carrying around increasingly advanced smartphones, we’ll be able to use them to pay at brick-and-mortar stores and the check-out line.
Not content with having conquered online payments, PayPal is expanding into real-world stores. The online e-commerce company has decided to expand by allowing shoppers to pay with its service in more than 2,000 brick-and-mortar stores by March.
Kiwi Crate, a subscription service that delivers hands-on crafts to your door, has secured $5 million in its first round of funding the company announced Thursday.
Update: Paypal has confirmed it reached $4 billion in mobile payments last year.
Iconic internet company Yahoo has named a new CEO, former PayPal President Scott Thompson, the company announced today.
Archenemies Amazon and eBay have come to blows and are now embroiling offline merchants in their ongoing battle of e-commerce one-upmanship.