Kuapay Takes On Mobile Payments, Loyalty With $2M
socalTECH
APRIL 9, 2012
Santa Monica-based Kuapay , a new startup aiming at the mobile payments and loyalty markets, has scored $2M in funding, the firm has disclosed. The startup is headed by Joaquin Ayuso de Paul, one of the angel investors in Border Stylo and co-founder of Spanish social network Tuenti.com (acquired by Telefonica). According to Kuapay, the firm's mobile apps run on iPhone, Android, and Blackberry, and allow users to make credit card purchases with their smartphone, by linking with existing point of
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