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It’s been a good five years since the iPhone was launched. Today, Apple’s iconic phone and its iOS platform boasts of over 700,000 apps. But you know what Apple forgot to build into its ecosystem? An app to test drive its apps. Enter Kickfolio.
But Pygg’s market opportunity arises largely because banks are, well, banks. Even though most banks offer a variety of mobile transactions, they are hardly easy to use. A maze of links, codes and authentication, and sometimes having to remember a friend’s phone number etc., riddle the user. And then there is the cost a well.
Pygg’s stock is rising. The Australian-born Twitter payment pioneer has banked $600,000 in new angel capital. Pollenizer, the startup incubator, raised most of the amount from a bunch of new and previous investors.