WebPay/Click&Buys Sells 10 Percent Stake to T-Online

Online and mobile micropayment provider FirstGate Internet, which operates Click&Buy content micropayments service in various countries in Europe (started in Germany) and U.S., has sold 10 percent of the company to T-Online Venture Fund (T-Online has of course invested some money into the company). FirstGate license the platform from parent Webpay, in which 3i invested $24 million earlier this year.
Click&Buy already work with Deutsche Telekom, T-Online’s parent, and more collaboration is expected after this deal. Among them, T-Pay, the online payment system by T-Com, and Click&Buy will become interoperable.
Some more details in the release here.

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