PayPal is shutting down StackMob

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PayPal acquired a backend-as-a-service company two months ago called StackMob. Now PayPal is shutting it down. StackMob had 14 engineers that were working on the service along with several full-time employees.

“We’ve decided to close the StackMob Backend-as-a-Service and shut down the StackMob brand to make it easier for our integrated StackMob and PayPal teams to focus on helping developers create seamless payment solutions that span online, mobile, and in-store experiences,” said a PayPal spokeswoman in a statement to VentureBeat.

StackMob customers will be able to export their data until March 31, 2014. The data will no longer be accessible after that. StackMob enabled mobile app developers to build and run apps quickly without having to worry about their back-end. This enabled users to focus more on other mobile features like notifications and social network integration.

“By closing the doors to StackMob, we will be able to focus 100 percent of our energy on extending innovation in mobile technologies that will let users access the rich capabilities of the PayPal global network,” said StackMob in a message to customers yesterday. “We truly believe our work at PayPal will make it easier for developers to create seamless payment solutions that span online, mobile, and in-store experiences. A daunting, but exciting challenge.”

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