Mobile payment app Nooch, incubated at Drexel, launched; Available from App Store

Tom Paine

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Nooch, a Venmo-like social mobile payment app, is now available for free in the App Store.

Nooch was incubated at Drexel's Baiada Institute. It won first place in the Baiada Institute's 2012 Incubator Competition. Nooch’s founders are group of Duke and Drexel alums & students led by Cliff Canan, a Duke grad.

Canan told me by email: "We completed a pilot last year and launched our app publicly last month (for iPhones, Android next year in the spring). So we're just beginning our marketing efforts, and focusing on the Philly region and college students in particular."

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