- This is just one of many acquisitions to come in the mobile banking and payment space. Aside from the Qualcomm/Firethorn deal, Metavante has taken a 51 percent stake in UK-based Monitise plc , First Data has invested in VivoTech and Obopay Inc. The mobile banking market continues to see accelerated investments in mobile banking and payments technology suppliers that are the driving force behind innovation - companies such as mFoundry Inc. , ClairMail, New Zealand-based MCom, and Australia-based Fronde are just a few. The dominant players in mobile, Internet, payments and information technology will surely take notice and consider acquisitions that could help drive their own strategy within the space.
— Dan Jones, Site Editor, Unstrung