iKobo
Company

Last deal

$2M

Amount

Debt Financing

Stage

16.10.2007

Date

3

all rounds

$9.4M

Total amount

General

About Company
iKobo allows consumers to send reloadable Visa prepaid cards to recipients using credit cards, debit cards, or bank accounts.

Industry

Sector :

Subsector :

founded date

01.01.2001

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

iKobo, founded in 2001 and based in Atlanta, GA, offers a secure and convenient solution for international money transfers. Leveraging modern technologies and an online customer interface, iKobo utilizes an open network of over 25 million VISA merchants and ATMs, providing a safer and more convenient alternative to traditional agent-dependent companies. By allowing consumers to send reloadable Visa prepaid cards, iKobo ensures the convenience, safety, and security of receiving money in an environment managed by VISA, a global leader in payments. However, as of November 7, 2008, iKobo has discontinued its services.
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