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Samsung to buy mobile wallet startup LoopPay

2015-02-18 22:37:32| Semiconductors - Topix.net

LoopPay , a Burlington-based mobile payments startup that competes with Apple Pay, will be acquired by South Korea-based multinational conglomerate Samsung Electronics Co. The maker of mobile wallet technology - that works at 90 percent of retailers around the globe - was backed by at least $13 million in investor funding.

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