There are reports that Amazon has bought Gopago, a mobile payments startup. The startup will help the company increase its footprint on the mobile phones and help it monetize the mobile platform for its services. The news has been published by TechCrunch: "Looks like Amazon may have quietly made another acquisition, and another move to expand its role in the world of mobile: Italian newspapers are reporting that the e-commerce giant has acquired Gopago, a startup that offers consumers an iOS or Android mobile app to pre-pay for goods before picking them up at a store, and retailers a point-of-sale system to process those orders and more."
Gopago was founded in 2009 and is based in Silicon Valley. It was was started by Italian co-founders: CTO Vincenzo di Nicola hailed from Teramo in Abruzzo before eventually studying at Stanford. The other co-founder, CEO Leo Rocco, was raised in the U.S. by Sicilian parents, writes TechCrunch.
However, it is not clear how much money Gopago had raised in funding. But its lead investor was JP Morgan Chase, which took a stake in the company last year.
The company has not disclosed the amount it has been bought for.
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