The Mobile Wallet Report, 17 January 2014

The Mobile Wallet Report, 17 January 201494 mobile payments startups raised a total of $287m last year, CB Insights CEO Anand Sanwal tells The Mobile Wallet Report. Also, Jordan is getting ready to launch a national mobile payment platform and BLE beacon interest runs high at the NRF Big Show.

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  • Payments startups raised $1.2bn in 2013, mobile accounts for 25%: 94 mobile payments startups raised a total of $287m last year, CB Insights CEO Anand Sanwal has told The Mobile Wallet Report. Accel Partners and Andreessen Horowitz were the most active investors.
  • Jordan preps national mobile payment platform: “Five mobile payment service providers are expected to link with the Central Bank of Jordan’s new JoMoPay switch,” the CBJ’s Maha Bahou says. Three are MNOs and two are card payment service providers.
  • NRF Big Show: Bluetooth beacons gain ground in stores: American Eagle Outfitters to trial Shopkick’s iBeacon platform in 100 stores, PayPal to release iBeacon payments early this year, iMobile3 partners with POS maker Ingenico for Bluetooth LE payments, Netclearance introduces Whisper Mode for short range Bluetooth LE payments, and more.

Organisations mentioned include Accel Partners, American Eagle Outfitters, Andreessen Horowitz, Azimo, Baynote, Beaconic, Boku, Braintree, Bringrr, CB Insights, Central Bank of Jordan, Clinkle, Clip, Cover, Discover, Dwolla, EMN8, Evertec, GoCardless, Gumroad, iMobile3, Ingenico, Intel Capital, Judo Payments, Jumio, Micros, Morgan Stanley, Mozido, MPayMe, National Retail Federation, Netclearance, New Media Insights, Parkmobile, Paydiant, PayPal, QiWi, Royal Canadian Mint, Shopkick, Signifi, SmartMetric, Spindle, Square, Starbucks, Stripe, Twitter, Volvo, Wirecard, YouGov, Zebra and Zuora.

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This item is part of What's New in Payments.