Digital

PassKit fills its mobile wallet with $1.2 million in funding

@denschaal

Mar 08, 2013 12:20 pm

Skift Take

Apple’s Passbook service has seen mixed pickup since June 2012 launch, but long term mobile becoming a omnibus wallet is where it is going. Passkit is heavily dependent on consumer adoption of Passbook and similar services.

— Dennis Schaal

Win an All-Expenses Paid Trip to NYC to Tour the Future of Travel

Hong Kong-based mobile wallet startup PassKit that offers a B2B service for building Apple Passbook applications, has secured $1.2 million in first round of its funding.

The 10-employee company, which launched in June 2012, didn’t disclose the investors involved in this Series A round. The company didn’t immediately respond to a request for comment about the investors.

PassKit offers a Passbook Designer product geared to enable companies to offer “mobile coupons, boarding passes, event tickets, store cards and other forms of mobile payments…” the company says, aiming at the Apple’s recently launched Passbook service that a lot of travel/airline companies are using to provide boarding passes/checkins.

Tags: ,

Follow @denschaal

Next Up

More on Skift

Interview: TripAdvisor CEO on Building the Perfect Trip
3 Airline Seats That Can Stop the Battle for Legroom
International Air Traffic Snapshot for April 2014
3 Ways to Guarantee Your Next Business Trip Won’t Be All Work and No Play