Mon, May 28, 2012, 1:57 PM EDT - U.S. Markets closed for Memorial Day

JPMorgan invests in GoPago

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JPM33.50-0.47

JPMorgan Chase has invested in GoPago, Inc., a provider of emerging mobile payments technology. GoPago has developed a free smartphone application that allows consumers to browse, order, and pay for local goods and services. The investment, in the form of GoPago’s Series A preferred stock, will support the company’s expansion into mobile payment services by helping brick and mortar businesses modernize to better compete with online businesses.

 

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