SEC charges founder of former mobile payments unicorn Mozido with fraud

SEC charges fintech company founder with scheme to defraud investors and misappropriate funds — US Securities and Exchange Commission — “The Securities and Exchange Commission has charged Michael Liberty, the founder of the fintech startup now known as Mozido Inc, with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. Liberty and his accomplices then allegedly stole most of the more than US$48m raised to fund a lavish lifestyle that included private jet flights, multi-million dollar residences, expensive cars, and movie production ventures.”





Taiwanese banks to roll out hybrid HCE payments platform

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Taiwan Mobile Payments Co (TWMP), the mobile payments TSM venture established in 2014 by three Taiwanese banking groups, has signed a deal with Mozido to provide its 27 member banks and financial institutions with a mobile wallet platform that offers support for both secure element and HCE cloud-based NFC payments... More


Mozido buys PayEase

Mobile payments platform provider Mozido has acquired Chinese cross-border payment gateway provider PayEase with the aim of introducing its mobile payments and retail marketing solutions into the Chinese market... More



Mozido buys CorFire

Cloud-based mobile payments platform provider Mozido has acquired the majority ownership of mobile commerce specialist CorFire, previously wholly-owned by South Korean IT services provider SK C&C... More



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