Minno Rebrands As BuySimple, Partners With SoundCloud, Raises $700K For Micropayments

Online payment methods are old and in the way. Sure, whether or not the world will have a generally-agreed-upon payment system is up for debate, but it seems that a new era of micropayments is here -- hopefully to stay. With the political and regulatory inertia around bank and credit card-related payment tools, there is room for a third party without these hangups to bring a new perspective to micropayments. Minno, a startup that offers a simple, embeddable payment solution, is today announcing that it has changed its name to "BuySimple". Its new name is appropriate given its objective, and gets rid of the small-fish-big-pond connotations that came with the name "Minno". What's more, BuySimple has partnered with SoundCloud and raised $700K. Not bad for a day's work.

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