TechNode: Fortumo: A Universal Mobile Payment Solution Connects Worldwide App Markets

Founded and headquartered in Tartu, Estonia, mobile payment solution provider Fortumo now also has offices in the U.S., U.K and China. Established half a year ago, Fortumo’s Beijing office, with four staff, has made deals with China Mobile and China Unicom on in-app billing, and is about to reach similar partnership with China Telecom. It’s not easy dealing with the three state-owned Chinese telcos. One of the reasons that they’d get on board with Fortumo, apart from the payments technologies, is the latter can bring them content to profit off, according to Gewben Wu, head of Fortumo Asia.

Read more »