iKobo.com offers international person-to-person money transfers. It is NOT a good time to use ANY web-based financial application. If you are, backup your shit early to avoid “immediately” shut down like iKobo. (ala Mint.com, Wesabe.com, etc.)
TechCrunch reports it (here)
Atlanta, GA-based iKobo, a company that provides a worldwide money transfer service, is discontuining its operations, effective immediately.
About: iKobo was founded in 2001 to offer the market a better, faster, safer and more economical solution to international person-to-person money transfers. Leveraging modern technologies and an on-line customer interface, iKobo today offers a secure solution that is vastly superior to traditional agent-dependent companies.
Source: TechCrunch
{ 3 comments… read them below or add one }
Can’t believe this company failed. It was such a great service. No other remittance services can compare.
This is really not my week. First, my starter dies. Next, the dentist tells me I need a root canal. Now I’m finding out that iKobo tanked! It feels like armageddon. ARGGGGGG!!!
I hate to jump to conclusions, but this was too vulnerable of a system not be ended up used by money launderes.
There’s nothing better to go to a bank and wire the money that way, safer, secured and provably more reliable…
For those that are not aware, iKobo is back up and running under new ownership. They are delivering the same great service I have come to expect from iKobo.
Steve, I’ve been using iKobo with complete reliability and safety for years.