Thursday, September 22, 2011

Mozido Links With Payment Firm

Dallas-based Mozido, the operator of financial transaction services for the mobile market, said today that it has inked an exclusive partnership with Kabbani Associates, a payment and remittance firm. Mozido said the partnership will bring mobile wallet solutions to Money Service Businesses. Financial terms of the deal were not disclosed. Mozido is venture backed by Tomorrow Ventures, the venture capital arm of Google Chairman Eric Schmidt.