25 Feb '13, 2pm

Now That uBank Got A $8M Investment They Will Buy The Domain

According to Quintura.com , “The Russian venture capital firm Runa Capital has invested $8 million in uBank, a Russian mobile payment provider”. “uBank offers a mobile app for smartphones that helps pay utility bills. Released last December, uBank free app for Android has been downloaded more than 250K times from Google Play .” What the company does not have is the domain name uBank.com. The domain name which has been registered since 1997 is parked at Sedo.com and does NOT have a BIN now price. In case your interested, the domain name YouBank.com is also parked. YouBank.com is owned by Marchex and appears to be for sale. With $8M in the bank, the company will be growing and it would seem to be wise for the company to spend a a couple of percent of the funds to secure their bang on .com domain.

Full article: http://www.thedomains.com/2013/02/25/now-that-ubank-got-a...

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