Eric Schmidt Invests In Twitter Payments Service
Outgoing Google CEO Eric Schmidt has invested in Twitpay, which is developing a platform for users to send money directly via Twitter. The companies didn't disclose the size of the investment. Schmidt's Tomorrow Ventures joined with CompuCredit Holdings, which helps provide financial services for "underserved" Americans, in the investment. Tomorrow's previous investments include several other online payment and finance startups, including Prosper, a peer-to-peer lending marketplace, and Giiv, which lets users send cash gifts via SMS.
TomorrowVentures and CompuCredit Holdings Corp Invest in Social Payments Leader Twitpay