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What’s happening? Mobile payment startups exploding

By Editor

Today, another mobile payment company, Swedish Accumulate announced that it has received a first round of capital (amount undisclosed). Yesterday it was oneTXT who announced their seed capital round. The capital, Accumulate says, will be used to further develop Flexion and Mobile Everywhere, its two technology products, as well as marketing them to new territories.... »

Mobile Apps Won’t Stay Free; Chris Wade of Shozu

By Editor

In this very interesting article on mocoNews, Shozu CEO Chris Wade explains how and why he believes that very soon, mobile app developers such as himself, as well as many others (and especially those backed by VC’s) will have to charge users to download and/or use their applications and services. As we at VASreport.com have pointed out before,... »