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Ashton Kutcher’s Latest Hot Start-Up Investment

He's backing Dwolla, a fledgling mobile payments company


Hollywood actor Ashton Kutcher is also an active investor and promoter of hot tech start-ups. And his latest investment is in a company called Dwolla.

Funny enough, the startup isn’t based in Silicon Valley. Actually, it’s in the seemingly nontech city of Des Moines, Iowa. But perhaps it’s a quiet environment for coders to get more done, right?

Dwolla has developed a mobile payment system, which is focused on providing lower costs for merchants. However, the competition is fierce.  The company must deal with rivals  like Intuit (NASDAQ:INTU), Google (NASDAQ:GOOG) and eBay’s (NASDAQ:EBAY) PayPal.

But Kutcher’s involvement should be a huge help. His high profile — as well as his prolific tweeting (he has over 10 million followers) — should get much exposure for Dwolla.

Article printed from InvestorPlace Media,

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