FEED becomes Mocapay

BOULDER – Following a $3.25 million cash infusion from its series A round of funding, FEED, a Boulder-based mobile payment company, has changed its name to Mocapay and appointed a new executive team.

The new name, Mocapay, reflects service the business provides – mobile cash payments. Mocapay allows consumers to pay for a range of goods and services via mobile phone. It also simplifies the payment process for merchants and costs less than credit card transaction fees.

Mocapay’s new executive team joins founder and Chief Executive Rod Stambaugh. The new team includes Michael Ferkiss, vice president of business development; Lance Gentry,…