BOKU Launches, Makes Some Mobile Purchases For Mobile Payments

Dead simple mobile payments for micro-transactions on the web are slowly gaining traction and a new, well-funded player has entered the growing space. Recently launched mobile payments startup BOKU has acquired competitors Paymo and Mobillcash and raised $13 million in Series A funding from Benchmark Capital, with Khosla Ventures and Index Ventures participating. BOKU did not disclose how much the startup paid to acquire Mobillcash and Paymo. BOKU, Paymo and Mobillcash all func