Paypal Was So 1990s: Obopay, boku and Zong

Thanks for returning to FinTechIsrael! Have you already subscribed to our RSS feed? Ben’s great post below on PayPal was really quite timely, because Paypal is to the internet what Obopay, boku and Zong may shortly be to mobile phones. Obopay, a start-up that lets people transmit money to one another via...

On Paypal: How it Succeeded and What We can Learn

Last week’s WIRED Business Conference “Disruptive by Design” highlighted several key innovators in business today, including Israel’s Shai Agassi for Better Place, Elon Musk for Tesla Motors and SpaceX, Jeff Bezos of Amazon.com, and Scott Thompson of Paypal. The video of Scott...

The Wonga Debate: Is Venture Capital right for Lending?

Last week, Accel and Greylock led one of the largest Private Equity deals in Europe this year – the funding of Wonga to the tune of $22.5M. Wonga is an online short-term lender in the UK, offering quick cash to customers who need it. There was a major uproar on the net centering around an article...