obopay

Company

Investment-firm

Last deal

$8.76M

Amount

Venture - Series Unknown

Stage

25.07.2011

Date

3

all rounds

$144.76M

Total amount

Financing round

General

About Company
Obopay is a provider of mobile payment services in the United States.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company offers a mobile application, text message, mobile web, widget, or Obopay.com to help consumers and businesses purchase, pay, and transfer money through any mobile phone. Obopay's prepaid MasterCard can be used with any merchant that accepts MasterCard debit cards. The company has partnerships with several major companies, including Citi, Fidelity Information Services, and Verizon Wireless. Obopay has a wholly owned subsidiary in India that has partnerships with YES Bank, Aircel, BPL, and Tata Indicom. Since 2005, Obopay has been a pioneer in the mobile money technology space, offering products, services, solutions, and business consulting across various sectors. The company has received numerous awards, including the Technology Pioneer Award from the World Economic Forum and the AlwaysOn Global 250 Top Private Companies award.
Contacts

Contact Email

Phone number

Social url

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Acquisitions
2
Acquiree Name 
Date 
Price 
Acquisition Name 
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type

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People

Founders
1
John Tumminaro
John Tumminaro

John Tumminaro

John Tumminaro co-founded Obopay, Inc. in 2005 and serves as Chief Technology Officer. As Chief Technology Officer, Mr. Tumminaro is responsible for all technology efforts at Obopay. He has extensive experience in enterprise computing systems for banking, insurance and telecommunications applications as well as his vast software development and start-up business acumen. He was formerly Chief Technology Officer of Chordiant Software, an enterprise CRM company whose customers in the U.S. and Europe, include MetLife, CitiCard, USAA, Lloyds TSB, Barclays, and Deutsche Bank. His expertise also includes serving the retail banking industry through J. Frank Consulting.

current job

ThoughtMatrix
ThoughtMatrix

organization founded

1

John Tumminaro

Employee Profiles
17
Ramesh Darla

Ramesh Darla

Vice President, Sales

Shailendra Naidu Somarouthu

Shailendra Naidu Somarouthu

CEO

John Tumminaro

John Tumminaro

Co-founder/CTO

Carol Realini

Carol Realini

Executive Chairman

Christopher Martin

Christopher Martin

VP & Treasurer

Activity

Recent News
0