Mozido Completes CorFire Acquisition

Austin-based financial software developer Mozido said today that it has finalized its acquisition of CorFire, a developer of digital payment and commerce software aimed at mobile network operators. Mozido says it now owns 80 percent of CorFire, with SK Holdings Co. Ltd. retaining 20 percent of the company. CorFire provides financial institutions, mobile network operators, and retailers with payment technology, including NFC, HCE, and QRC cloud-based mobile payments support. Mozido first announced the deal in December of 2014.