I always love to see innovation in the payment space. In the grand scheme of things, there was very little innovation until PayPal arrived, but there has been very little innovation post-Paypal arrival as well (compared to improvements in other areas).

My biggest worry with something like this is that small companies in the financial space can be here one minute, and gone the next.

I wonder what these guys are doing to establish their credibility and safeguard their future prospects as well as for their customers.