GroupCard Gets Acquired By Pre-Paid Card Maker InComm
A year and a half after graduating from Facebook’s second fbFund competition, GroupCard has been acquired by pre-paid card provider InComm. The latter company stocks cards in retail stores across the US and other countries, allowing users to buy the cards in order to obtain virtual currency in games, or access to other digital goods.
GroupCard was founded as a collaborative greeting card service, and afterward expanded to selling gift cards, including a deal with Apple to sell iTunes cards on Facebook.
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