Fortumo Raises ~$10M From Intel Capital, Greycroft To Take On Bango And More In Carrier Billing; Inks Deals With China Mobile And Vodafone

Fortumo -- a specialist in mobile carrier billing, which lets users to pay for apps and goods in apps without coughing up credit card numbers -- is today raising its game a bit against competitors like Bango (partner to Facebook, Amazon and more), Boku and PayPal's Zong -- the Estonian-hatched startup has announced a new growth round -- which TechCrunch understands to be in the region of $10 million -- led by Intel Capital and Greycroft Partners. At the same time, to push its business in emerging markets, it also announced two new carrier deals, with China Mobile and Vodafone.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/0ra6riiGGiY/

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