"pay with your phone" - VC fundraising

[kisa]

just read of the following venture - competitor or partner?
• Kash Corp., a San Francisco-based mobile payments startup and YCombinator alum, has raised $2 million in seed funding from undisclosed backers. www.withkash.com

guys, does anyone follow this newsletter by Dan Primack - daily summary of tech fundraisings...
http://fortune.com/newsletter/termsheet/