Micro-commerce is an emerging global trend, from the microcredit pioneered by Nobel Prize winner Muhammad Yunus, to micropayment systems offered by companies like ZayPay. ZayPay is used for payments for online services, game sites, dating sites, and others. And now they have an API.
Since Nexmo founded its API-based business in 2010, it has done amazingly well. Now the SMS cloud carrier just received $18 million in fresh funding (on top of the $3 million it got a year ago), which CEO Tony Jamous says the company will use to grow sales and marketing and expand offerings to include what many have been waiting for: voice.