Comments on: MiniMerger: Obopay Aquires Billmonk http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/ Startup and Tech News Fri, 16 May 2008 13:10:58 +0000 http://wordpress.org/?v=2.3.3 By: MobileCrunch » Geezeo: Check Your Bank Account on the Go http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-1378039 MobileCrunch » Geezeo: Check Your Bank Account on the Go Tue, 15 May 2007 14:50:12 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-1378039 [...] joins a few other finance 2.0 companies on the web, such as Buxfer and Billmonk, which was acquired by Obopay. Tags: mobilecrunch, mobile2.0, billmonk, buxfer Categories: [...] […] joins a few other finance 2.0 companies on the web, such as Buxfer and Billmonk, which was acquired by Obopay. Tags: mobilecrunch, mobile2.0, billmonk, buxfer Categories: […]

]]> By: Tom http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-1054345 Tom Mon, 26 Feb 2007 04:28:36 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-1054345 @Justin "I think MR I and/or mobilemobile are very likely Obopay employees, " Justin, you jackass, you work for obopay. @Justin

“I think MR I and/or mobilemobile are very likely Obopay employees, ”

Justin, you jackass, you work for obopay.

]]> By: sadhopes http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-1001064 sadhopes Tue, 20 Feb 2007 23:21:32 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-1001064 I concur speddowkross, all is left for them is propaganda.... best of luck to you employees hehehehe I concur speddowkross, all is left for them is propaganda…. best of luck to you employees hehehehe

]]> By: speddowkross http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-988352 speddowkross Mon, 19 Feb 2007 20:14:13 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-988352 lame employee promotion Justin, Jagdish and Randy - lame lame employee promotion Justin, Jagdish and Randy - lame

]]> By: Randy http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-945954 Randy Thu, 15 Feb 2007 05:01:57 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-945954 used obopay to get money which covered my gf's flowers today...dont know how i wouldve gotten cash another way... used obopay to get money which covered my gf’s flowers today…dont know how i wouldve gotten cash another way…

]]> By: Jagdish http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-928602 Jagdish Mon, 12 Feb 2007 07:49:26 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-928602 obopay's expanding into India already. i think they've got something...there's too much of a market obopay’s expanding into India already. i think they’ve got something…there’s too much of a market

]]> By: Steve http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-919445 Steve Sat, 10 Feb 2007 01:44:31 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-919445 there's definitely potential in what Obopay's doing. there are a lotta cell phones out there, and life keeps speeding up...getting money fast is key. not so sure you're right on this one investwise there’s definitely potential in what Obopay’s doing. there are a lotta cell phones out there, and life keeps speeding up…getting money fast is key.

not so sure you’re right on this one investwise

]]> By: Justin http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-900065 Justin Wed, 07 Feb 2007 21:33:58 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-900065 Fair enough. Time will definitely tell... Fair enough. Time will definitely tell…

]]> By: investwise http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-899226 investwise Wed, 07 Feb 2007 19:41:42 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-899226 Justin, all arguments aside...let's revisit after 8 months... I'll give it a max time of 6 months before the investors will make a decision to put this to rest.... Justin, all arguments aside…let’s revisit after 8 months… I’ll give it a max time of 6 months before the investors will make a decision to put this to rest….

]]> By: Justin http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-879930 Justin Mon, 05 Feb 2007 19:06:08 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-879930 investwise, your "keen insight" proves itself completely wrong: I'm no Obopay employee. What I typed is very honestly my objective assessment. If I did work for the company, why would I mention potential downsides to their business model? That wouldn't make too much sense, now would it? You're also wrong about the buzz being dead. Most of the tech blogs have news of this merger at the forefront, since it was only a few days ago. Here are a few of the links: http://fallontrendpoint.blogspot.com/2007/02/cashless-society-mobile-payment-meets.html http://www.moconews.net/entry/mobile-payments-firm-obopay-buys-small-rival-billmonk/#When:22:04:00Z http://nanotech.lemonup.com/MiniMerger-Obopay-Aquires-Billmonk/ Really work in the future on knowing the actuality of what you're saying before you decide to spout it off in public, alright there champ? Otherwise no one will take what you say seriously, and rightfully so. investwise, your “keen insight” proves itself completely wrong: I’m no Obopay employee. What I typed is very honestly my objective assessment. If I did work for the company, why would I mention potential downsides to their business model? That wouldn’t make too much sense, now would it?

You’re also wrong about the buzz being dead. Most of the tech blogs have news of this merger at the forefront, since it was only a few days ago. Here are a few of the links:

http://fallontrendpoint.blogsp.....meets.html

http://www.moconews.net/entry/.....:22:04:00Z

http://nanotech.lemonup.com/Mi.....-Billmonk/

Really work in the future on knowing the actuality of what you’re saying before you decide to spout it off in public, alright there champ? Otherwise no one will take what you say seriously, and rightfully so.

]]> By: investwise http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-871712 investwise Sun, 04 Feb 2007 18:32:09 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-871712 Justin, let'ss add u to the obopay employee list too... Bottomline, it's just a matter of time before obopay enters the RIP list.... The buzz is dead and I hear no one mention mobile payments and startups around it anymore... Paypal wouldn't care as they have other venues of growth too... In fact that might even shut the service down... In fact banks are building stratergic partnerships with stratetic companies like firethorn and mfoundry (these companies are run by seasoned banking executives which is a key requirement for success and strategy).... It's a matter of few more months before reality bites..... Till then another few million $$$$ of the investors money will be burned by such startups.... Justin, let’ss add u to the obopay employee list too…

Bottomline, it’s just a matter of time before obopay enters the RIP list….

The buzz is dead and I hear no one mention mobile payments and startups around it anymore…
Paypal wouldn’t care as they have other venues of growth too… In fact that might even shut the service down…

In fact banks are building stratergic partnerships with stratetic companies like firethorn and mfoundry (these companies are run by seasoned banking executives which is a key requirement for success and strategy)….

It’s a matter of few more months before reality bites….. Till then another few million $$$$ of the investors money will be burned by such startups….

]]> By: Justin http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-855638 Justin Sat, 03 Feb 2007 00:30:03 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-855638 I think MR I and/or mobilemobile are very likely Obopay employees, but I do think they raise a couple of key points (with some added qualification). Amp'd and Helio definitely are both struggling, and it is certainly true that more VC funding definitely does NOT necessarily = success in the start-up game. That being said, I don't see PayPalMobile expanding its service into other countries yet. Obopay moving into India first is a KEY strategic move, ESPECIALLY considering the market's growth rate. The other thing is that Obopay's service is, objectively/factually speaking, much better than PayPalMobile's (I've used both). The main reason why I say this is wait time: you get your money with Obopay in real-time, while with PPM it takes 4-5 days. The whole idea with mobile payments is INSTANT accessibility to money, and PayPalMobile just doesn't allow for that. Add to that PPM's compatibility issues with a fairly wide variety of phones, and I still think on balance Obopay has the edge in this specific market. I think MR I and/or mobilemobile are very likely Obopay employees, but I do think they raise a couple of key points (with some added qualification). Amp’d and Helio definitely are both struggling, and it is certainly true that more VC funding definitely does NOT necessarily = success in the start-up game.

That being said, I don’t see PayPalMobile expanding its service into other countries yet. Obopay moving into India first is a KEY strategic move, ESPECIALLY considering the market’s growth rate.

The other thing is that Obopay’s service is, objectively/factually speaking, much better than PayPalMobile’s (I’ve used both). The main reason why I say this is wait time: you get your money with Obopay in real-time, while with PPM it takes 4-5 days. The whole idea with mobile payments is INSTANT accessibility to money, and PayPalMobile just doesn’t allow for that.

Add to that PPM’s compatibility issues with a fairly wide variety of phones, and I still think on balance Obopay has the edge in this specific market.

]]> By: lovetechcrunch http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-838376 lovetechcrunch Thu, 01 Feb 2007 00:20:32 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-838376 What does Obo stand for? Can I use them in my country (The Philippines)? What does Obo stand for? Can I use them in my country (The Philippines)?

]]> By: EBAY http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-838161 EBAY Wed, 31 Jan 2007 23:50:04 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-838161 SEE ABOVE: employee comment........lame........really lame....... ZZZZZZzZZzzZZZzzz SEE ABOVE:

employee comment……..lame……..really lame……. ZZZZZZzZZzzZZZzzz

]]> By: mobilemobile http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-837547 mobilemobile Wed, 31 Jan 2007 22:15:12 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-837547 I signed up for Obopay a few months ago and LOVE the service. It is the only one that allows me to send and receive money in real time and works on EVERY carrier and device unlkine the others. I also trust it b/c it came with a prepaid MasterCard that allows me to withdraw my cash anytime from any ATM machine. I am a big PayPal and eBay user but will never use their mobile product whatsoever. They are great for basic Web shopping but not mobile. I looked at PayPal Mobile and others and not a single one of them offered real-time money transfer, worked on all devices, or allowed me to withdraw my funds. I signed up for Obopay a few months ago and LOVE the service. It is the only one that allows me to send and receive money in real time and works on EVERY carrier and device unlkine the others. I also trust it b/c it came with a prepaid MasterCard that allows me to withdraw my cash anytime from any ATM machine.

I am a big PayPal and eBay user but will never use their mobile product whatsoever. They are great for basic Web shopping but not mobile. I looked at PayPal Mobile and others and not a single one of them offered real-time money transfer, worked on all devices, or allowed me to withdraw my funds.

]]> By: Pico Merger? http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-835947 Pico Merger? Wed, 31 Jan 2007 18:08:37 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-835947 #16 MR I Seems like you are affiliated with Obopay. Amp'd & Helio both are struggling. Does raising venture fund mean Obopay is going to succeed? Just think how much money Redpoint has burnt on Amp'd? How may users Obopay has? 100K? more? Thanks. #16 MR I

Seems like you are affiliated with Obopay. Amp’d & Helio both are struggling. Does raising venture fund mean Obopay is going to succeed? Just think how much money Redpoint has burnt on Amp’d?

How may users Obopay has? 100K? more?

Thanks.

]]> By: MR I http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-835169 MR I Wed, 31 Jan 2007 15:23:40 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-835169 I find it interesting how some posters believe Pay Pal is the dominate player in this mobile payments space. They have ZERO distribution with mobile operators and are forever locked into consumer minds as an EBay purchasing tool. In addition, while PayPal announced their service last year (same time Obopay Launched), they have not generated and traction. While Obopay clearly has, by doing deals with two leading MVNO’s ( Amp’d & Helio ). Secured Strategic funding with tier one VC’s the likes of Redpoint & Qualcomm. Furthermore they announced a new office in India, one of the hottest mobile money markets in the world and now the very savvy acquisition of Bill Monk. Also in response to IT Bankers comments, “As a consumer, I’d trust a bank who launches such services in contrast to 3rd party vendors” Do you really see a “BANK” doing anything with the likes of PayPal? Moreover, do you think a bank would allow Cingular aka Firethorn to control the entire mobile banking ecosystem? My money’s on Obopay, they are doing all the right things. I find it interesting how some posters believe Pay Pal is the dominate player in this mobile payments space. They have ZERO distribution with mobile operators and are forever locked into consumer minds as an EBay purchasing tool. In addition, while PayPal announced their service last year (same time Obopay Launched), they have not generated and traction. While Obopay clearly has, by doing deals with two leading MVNO’s ( Amp’d & Helio ). Secured Strategic funding with tier one VC’s the likes of Redpoint & Qualcomm. Furthermore they announced a new office in India, one of the hottest mobile money markets in the world and now the very savvy acquisition of Bill Monk. Also in response to IT Bankers comments, “As a consumer, I’d trust a bank who launches such services in contrast to 3rd party vendors” Do you really see a “BANK” doing anything with the likes of PayPal? Moreover, do you think a bank would allow Cingular aka Firethorn to control the entire mobile banking ecosystem? My money’s on Obopay, they are doing all the right things.

]]> By: whoopee http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-832201 whoopee Wed, 31 Jan 2007 05:58:05 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-832201 please join the very long line of digital payment roadkill please join the very long line of digital payment roadkill

]]> By: Pico Merger? http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831603 Pico Merger? Wed, 31 Jan 2007 04:49:15 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831603 How much traction Obopay has? 100K users? More? How much traction Obopay has? 100K users? More?

]]> By: CrunchBack http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831480 CrunchBack Wed, 31 Jan 2007 04:33:15 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831480 Based on really low traffic (see Compete and Alexa), BillMonk was DOA as a standalone service. Perhaps as a feature of Obopay the founders will get some value for their investment. At least they got jobs! ;-) Based on really low traffic (see Compete and Alexa), BillMonk was DOA as a standalone service. Perhaps as a feature of Obopay the founders will get some value for their investment. At least they got jobs! ;-)

]]> By: Grammar teacher http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831313 Grammar teacher Wed, 31 Jan 2007 04:09:21 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831313 dominate is a verb dominate is a verb

]]> By: Adrian Keys http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831309 Adrian Keys Wed, 31 Jan 2007 04:08:52 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-831309 "Like YouTube did it for videos you never know KushCash/OboPay could be the next thing for Mobile Payments. It certainly seems to have the potential " - Raj Anand Raj totally agreed. 3 Billion cell phones and growing....I would definitely take my chances. “Like YouTube did it for videos you never know KushCash/OboPay could be the next thing for Mobile Payments. It certainly seems to have the potential ” - Raj Anand

Raj totally agreed. 3 Billion cell phones and growing….I would definitely take my chances.

]]> By: Wes http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-830753 Wes Wed, 31 Jan 2007 02:44:04 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-830753 They can also be big as long as they maintain good customer service. They can also be big as long as they maintain good customer service.

]]> By: Ben Tucker http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-830584 Ben Tucker Wed, 31 Jan 2007 02:21:39 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-830584 Don't forget about <a href="http://buxfer.com" rel="nofollow">Buxfer</a>. Probably the slickest (UI-wise) of this bunch. Don’t forget about Buxfer. Probably the slickest (UI-wise) of this bunch.

]]> By: Verful http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-829798 Verful Wed, 31 Jan 2007 00:49:20 +0000 http://www.techcrunch.com/2007/01/30/minimerger-obopay-aquires-billmonk/#comment-829798 ATT Techcrunch guys... this is totally off topic, but please read the following article and take it to heart. 3 Reasons Why Snap Preview is Ruining Your Blog, and Hurting Your Readership http://performancing.com/node/5721 Thanks, Verful ATT Techcrunch guys… this is totally off topic, but please read the following article and take it to heart.

3 Reasons Why Snap Preview is Ruining Your Blog, and Hurting Your Readership
http://performancing.com/node/5721

Thanks,
Verful

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