Seattle startup Beamit Mobile has raised $2.4 million in fresh financing from former Google CEO Eric Schmidt’s TomorrowVentures, Founder’s Co-op and Bezos Expeditions, the venture capital firm of Jeff Bezos. The money will be used to continue development of the company’s technology, which allows immigrants to transfer money to mobile phones in developing countries....
The Western Union Company and MTN Group yesterday, 29 March 2012, announced the launch of a mobile money transfer service in Uganda, allowing MTN customers to send and receive money across borders using just their mobile phones for the first time....
