Undisclosed Funding
GoPago has raised an undisclosed amount of Series A funding through JPMorgan Chase. The location-focused mobile payments startup allows customers to pay for goods or services from bricks and mortar stores, to be picked up later using a receipt displayed on their smartphones. JPMorgan intends to offer its enterprise customers the data, analytics, and customised storefronts which GoPago currently provides to businesses.
GoPago will use the investment to accelerate its cloud-based payment services across the US. Although it will originally work exclusively with JPMorgan clients, it plans expansion to other financial services providers on both the consumer and enterprise side. The GoPago app is currently available on Apple’s iOS, Google’s Android, and Research In Motion’s BlackBerry platforms, and will soon come to Microsoft’s Windows Phone.
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