Rocket Internet’s Square clone PayLeven buys domain names in Asia; sets up company in S’pore

June 15, 2012 by  

Asia, watch out. Rocket Internet‘s next clone could be coming your way very soon.

Called PayLeven, the Square clone’s corresponding domain names for Singapore, Malaysia, Indonesia, Vietnam, Philippines, and Hong Kong have all been snapped up. The registrant organization for PayLeven.sg and PayLeven.in is “JADE 1360. GMBH”. For Payleven.in, the registrant name is Arnt Jeschke, the CFO and managing director of Rocket Internet.

It’s no secret that the Samwer Brothers are feverishly coming up with a copy of Square, a mobile payment company started by Twitter creator Jack Dorsey. But confusion reigned over what it would be called. Read more