Tagged: fitbit

Fitbit Launches Payment Process App in UK; Now Available Through Starling Bank

Just a few months after Starling Bank announced it is offering Apple Pay to UK customers, the challenger bank revealed this week is now offering Fitbit Pay to its UK customers as well. Fitbit’s payment process now allows customers to pay through the company’s wearable, Fitbit… Read More

Scammer Allegedly Files Fake SEC Document in Plot to Make Money Off of Fitbit Options

The Securities and Exchange Commission has filed fraud charges agains Robert W. Murray, a mechanical engineer from Virginia. Murray allegedly cooked up a bogus regulator filing in an attempt to manipulate the share price of Fitbit. In a parallel action, the U.S. Attorney’s Office for the… Read More

Fitbit Paid $23 Million for Pebble Watch

During Fitbit’s Q4 earnings call yesterday, management revealed it had paid $23 million to acquire Pebble Watch last year. At one point in time, Pebble was valued at $740 million. In a brief statement, Fitbit (NYSE:FIT), highlighted the purchase: Acquired assets from Pebble for $23 million… Read More

Pebble Officially Addresses Fitbit Acquisition: Set to Refund Pebble Time 2 & Core Kickstarter Backers

After continuing to remain silent about Fitbit’s possible acquisition, famous Kickstarter alum Pebble announced to backers on Wednesday that the acquisition is officially happening. As previously reported, Eric Migicovsky, the founder of Pebble, debuted the wearable tech on Kickstarter’s crowdfunding platform in 2012.  Its first… Read More

The End of Pebble Watch

The Pebble Watch saga has become an epic tale of crowdfunding success and entrepreneurial struggle. Eric Migicovsky, the founder of Pebble, launched his wearable tech on Kickstarter in 2012.  The very first rewards campaign generated over $12 million “brought to life by 68,929 backers” proving… Read More

Coin Sells to Fitbit. Twilights All Smart Payment Products

Coin, the one smart card that set out to rule them all, has called it a day in attempting to dominate credit card transactions.  In a release published yesterday, FitBit (NYSE:FIT) announced they had acquired the “wearable payment assets of Coin”.  The deal includes all intellectual property… Read More