Oxford secure payments spin-out OxCept switches gears towards peer-to-peer mobile payments.

Oxford spin-out OxCept is to put its focus on secure peer-to-peer mobile payments, the university’s tech transfer unit Isis Innovations has revealed.

The mobile payments app developer was launched in November last year with over £1m in funding from both UK and US militaries. Its primary product, also called OxCept, uses military-level cryptography tested by the UK’s Ministry of Defence and peer-reviewed by other UK universities.

At OxCept’s core is a technology which is purely software based which allow users…

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