VCA Stocks

Obopay, a three-year-old mobile payments startup, has scored $20 million in additional funding, CEO Carol Realini told me this afternoon. She and other Obopay executives contributed to the round by wiring their investments to the company coffers by way of their Obopay accounts on their mobile phones.  Obopay wants to be *the* way to send money for mobile. To do this it will have to win out over PayPal’s own mobile division, plus a myriad of startups such as KushCash and TextPayMe.com.  The amount of money transfered between countries is in the billions, so if Obopay can expand quickly on an international scale, it could very well achieve what it’s trying to accomplish.