Mobile Payments Platform ZooZ Partners With MobiCart, Ready To Raise Series A

ZooZ, an in-app mobile payment system that supports credit cards, PayPal and carrier billing, just made a move that will introduce its service to 10,000 different merchants. The company is partnering with MobiCart, a platform that allows anyone to create m-commerce applications on iOS and Android. MobiCart already supports around 40 different shopping carts within its mobile storefronts, and is now adding ZooZ to the lineup. In addition, ZooZ CEO Oren Levy says the company is planning to come to the U.S. and is preparing to raise its Series A. Levy says that ZooZ will be splitting its operation, currently based in Israel, and will relocate some of its 10-person staff to the U.S. The location - even West Coast or East Coast - has not yet been decided, but he will be out here next month scouting for office space (and likely, talking with investors).

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