Revolution MoneyExchange
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Revolution MoneyExchange
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Revolution MoneyExchange was an online bank that billed itself as an alternative to PayPal and its chief competitor, Google Checkout. It was founded by Jason Hogg and Patrick Graf as GratisCard in April 2007 [1]. Ted Leonsis and Steve Case were on its board of directors. [2]
Revolution MoneyExchange was backed by Citi, Morgan Stanley, and Deutsche Bank AG, as well as its parent company, Revolution LLC. [3]
Among some of its features are money sending over AOL Instant Messenger. [4]
Revolution was purchased by American Express in January 2010 and renamed Serve Virtual Enterprises, Inc. Serve Enterprises launched Serve and discontinued Revolution MoneyExchange on March 28, 2011, converting existing accounts to Serve "on or soon after September 29, 2011".
References
- ^ "Revolution Money Exchange". Geek-News.Net. 2008-02-10. http://geek-news.net/2008/02/revolution-money-exchange.html. Retrieved 2008-07-15.
- ^ "Small Correction". Ted's Take. 2008-02-11. http://ted.aol.com/category.php?catID=650. Retrieved 2008-07-15.
- ^ "Revolution MoneyExchange: New Person-to-Person Payment System and $25 Bonus Promotion". MyMoneyBlog. 2008-01-31. http://www.mymoneyblog.com/archives/2008/01/revolution-moneyexchange-new-person-to-person-payment-system-and-25-bonus-promotion.html. Retrieved 2008-07-15.
- ^ "You've Got Payments - AOL Founder Backs P-to-P Start-Up". American Banker. 2007-09-25. https://www.revolutionmoney.com/PressUpdates/YouveGotPayments-AOLFounderBacksP-to-PStart-Up.pdf. Retrieved 2008-07-15.
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