Browsing Tag

Michael Smallwood

Mobile Gifting Platform, Bitmo, Announces $3 Million Seed Funding Investment

New Platform Modernizes Gift Card Industry, Driving Revenue for Retailers and Consumer Flexibility Bitmo, a mobile gifting and payment platform that is transforming the $160 billion gift card industry, announced that it has raised over $3 million in new seed round capital. “Research shows that consumers spend $160 billion on gift cards a year, yet one-third of those who receive gift cards don’t use them” Bitmo is a mobile platform that allows consumers to gift easily and securely right from their mobile wallet. Unlike…