Another week, another tech startup getting lots of hype.
Coin, a startup company with a product that allows users to combine all of their credit cards into one credit-card sized electronic device, is this week’s hottest tech news. Backed by a group of angel investors from some of tech’s best-known brands, the startup gained a mountain of coverage when it started a pre-sale for devices that won’t be available until next summer, according to WSJ.com’s Digits blog.
Dozens of startups hope to replace physical cash and credit cards with so-called digital wallets tied to smartphones. But one San Francisco outfit is counting on a smaller payments revolution: simply making a better physical credit card. … The device is available for pre-order now for $50, though it will double in cost for later buyers when it becomes available in mid-2014.
See full story: Startup Coin Offers One Credit Card To Rule Them All (WSJ.com/digits)