Kuapay Gets $4M to Develop Social Media-Integrated Digital Wallet

Kuapay, a mobile wallet startup with just 40 merchant partners to date, raised $4 million from one private investor to support the further development of its platform, TechCrunch says.

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    Already available on iOS, Android and Blackberry devices, Kuapay was founded by Joaquin Ayuso de Paul, who got his start as a co-founder at Tuenti, a Spanish social network that sold to Telefonica for $100 million.

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