UK unicorn Powa floored by 'curse of mobile'

Doug Woodburn
clock • 2 min read

Mobile money market not the gold mine some thought, says analyst Megabuyte as mobile payment firm runs aground

The collapse of UK mobile payment provider Powa Technologies on Friday is a "classic curse-of-mobile story", according to an analyst. Powa was snapped up by an investment vehicle headed by forme...

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