Rixty, The Cash-Based Payment Platform For Games, Takes Majority Investment From Friendster Owner MOL

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http://techcrunch.com – Some consolidation afoot in the world on online payments coming at you, with a little blast from our social networking past. Rixty, a cash-based payment platform for games, virtual goods and other digital content, today received a majority-stake investment from MOL AccessPortal, the e-payment subsidiary of MOL Global, the company that bought social network Friendster in 2009 and then converted it into an online gaming site, selling Friendster’s social media patents to Facebook in the process. Financial terms of the deal were not disclosed, but it looks to be a shares deal rather than one (IT news)