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Square Up
A new payment system which could actually work.  Square is valued at a massive $40 million or more after raising $10 million in funding, and the service is yet to launch publicly for anyone to use. Amazing
Mo Money
A new website has launched aimed at incredibly wealthy individuals who want to buy or exchange incredibly expensive items with other incredibly wealthy individuals.
Billionairexchange has rather questionably been dubbed ‘eBay for billionaires’. It touts itself as the first online auction and trade site for luxury items. While the name suggests it is for billionaires lonely, registration actually only requires to you say if your assets are below $500,000 somewhere between $1 million and $5 million or over that. Hmm wonder if i could swap my second hand iphone for that Bugatti Veyron?
eBay Motors founder Simon Rothman announced on Monday that he has officially launched a new e-commerce site, Glyde. lyde’s goal “is to democratize e-commerce.” The site was born out of Rothman’s desire to make it easier for Web users to buy and sell products online. But Glyde throws in a twist. The site’s marketplace is designed for Web users to sell used goods. They can sell books, CDs, DVDs, and video games.