We are delighted to announce that BillMonk has been acquired by Obopay, Inc.
Obopay built the first comprehensive mobile person-to-person payments service in the US that lets you instantly send money to anyone using your mobile phone (SMS, WAP, or a downloadable app), or a web browser.
When we first talked to the Obopay team it was clear to us that they care deeply about making it easier to deal with money. Given that BillMonk’s goal is to make money painless between friends, the match couldn’t have been better.
As a first step of integration, BillMonk now lets you settle up your debts online via Obopay! Simply login and click on the new ‘Settle up with Obopay‘ action. Today’s beta release makes it easy to send money to a phone number; we will soon follow up with the ability to send money to an email address.
What’s most exciting about BillMonk joining forces with Obopay is that we can now deliver on a huge number of exciting features, sooner. (And we now have a Seattle office that isn’t our apartments, with a team that isn’t just the two of us!) BillMonk’s growth will be faster than ever, we can work harder than ever, and you benefit more than ever.
A big thanks to all of you for believing in the service and for helping us make it better. It has been a wild and wonderful first year; this next year is going to be through the roof!