Just found out that iKobo will be opening their doors again on December 4th. About a month back, they announced their plan to shutdown their services. Apparently something has happened, rather changed,  in the last couple of weeks. This is a good news for the Atlanta region. Every failed company compounds the failure rates for future startups. At the same time, every successful company does the exact opposite. Remember, Atlanta is no silicon valley and there are only handful of successful companies - every bit helps.

About: iKobo is an online payment processor that also supports credit cards. iKobo can be used to send money person-to-person, by means of a prepaid credit card mailed to the recipient.