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Clinkle Startups Mobile Payments Troubled Mobile Payments Startup Clinkle Is Giving Away

Much derided mobile payments startup Clinkle has unveiled its customer acquisition strategy: bribing students with $20 bills from a vending machine stuffed with cash.

University of California, Berkeley students have been tweeting selfies from the company’s "Treat Bot" stationed outside a campus dining hall as they collect free $20 bills for signing up for the service. The service itself is a bit confusing. It's basically a version of Venmo, but with a complimentary black debit card that can earn perks.

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mobile payments