Specific focus on mobile
Online gift card platform, CashStar, has raised USD5 million in funding from Intel Capital and existing investors Passport Ventures, FTV Capital and CashStar co-founder and current Coupons.com CEO Steven Boal. The new funding will go towards building out its platform, with a specific focus on mobile. CashStar allows customers to buy gift certificates via email, on websites, through social network sites and on mobile devices.
“CashStar’s innovations have digitalised the act of gifting online and now this trend is increasingly moving mobile, making it a more personal, engaging and rewarding experience,” says Intel Capital partner David Flanagan.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
