Powa Technologies

Powa Technologies was a UK-based technology company, known for its commerce, mobile commerce and e-commerce services. The company’s flagship product was the mobile application PowaTag.[2] In February 2016, investment company Wellington Management appointed professional services firm Deloitte as administrators of Powa Technologies.

Dan Wagner

Daniel Maurice Wagner (born 28 July 1963) is a British Internet entrepreneur. He is best known for his leadership of Dialog and its subsequent 95% share price drop in 2000,[1] and for being the CEO of Powa Technologies, where he raised in excess of $200 million of funding[2] before leading it into administration within 30 months in early 2016.
Early life

Wagner was born in Edgware, Middlesex.[citation needed] He is the youngest of two children of John and Yaffa Wagner. His father was a managing director at BMW.[4] He was educated at Merchant Taylors’ School, Northwood and University College School, London.[citation needed]

Wagner dropped out of school when he was sixteen years old to work as a shop assistant for entrepreneur Julian Richer at Richer Sounds.[4] Afterwards he joined an advertising agency, WCRS, as an account executive. There he came up with the idea of creating databases of records about businesses as a resource for marketing professionals.