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Xoom acquires BlueKite for cross-border bill pay

Friday 7 February 2014 08:32 CET | News

US-based digital money transfer provider Xoom has acquired BlueKite for USD 15 million in cash and equity. Guatemala City-based BlueKite has built a technology platform for cross-border bill payments and mobile phone top-ups.

Xoom provides digital money transfer from mobile phones, tablets and PCs in 31 countries. The acquisition of BlueKite will allow Xoom to add mobile phone top-up and cross-border bill payments to its money transfer service.

In recent news, Xoom has launched its money transfer service to Vietnam.


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Keywords: Xoom, BlueKite, cross-border, bill pay, mobile top ups, digital money transfer, Guatemala City
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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