Payment Data Systems Buys Akimbo of San Antonio for $3 million

Payment Data Systems, an online payments company, announced Tuesday it has acquired Akimbo Financial for $3 million. Payment Data Systems is buying the company with common stock in two tranches with up to $300,000 in cash if any liabilities are assumed. Akimbo, founded in 2010, has raised $850,000 in investment. The company, based at Geekdom, […]

A Slice of Silicon Hills Interviews Akimbo on Fast Cash

By ANDREW MOORE Reporter with Silicon Hills News What is the fastest way to share money with friends and family? Always carry cash? Use pre-paid cards? With an Akimbo Card account, users can share money with any other Akimbo card holder instantly by using either a mobile app or the Akimbo Website via the internet. […]