April 2nd, 2013

YC-Backed Payments Startup Balanced Raises More Money From Andreessen Horowitz, CollabFund, And Others

Balanced – logo

Y Combinator-backed payments startup Balanced has closed out a total $3.4 million seed round, thanks to the addition of $2 million in new funding from investors such as Andreessen Horowitz, CollabFund, and a bunch of angels. The funding is somewhat strategic, as the startup is looking to help leverage the expertise of the investors involved to help grow its payments business for marketplaces. → Read More

March 7th, 2013

Chatting Is Great, But GroupMe’s Mobile Apps Now Let Users Split Payments, Too

groupme-update

While the folks at GroupMe have spent some time exploring the world outside group messaging, they certainly haven’t given up on refining the formula that made them so appealing in the first place. Earlier today, GroupMe pushed out a pair of considerable updates that add some curious (and tremendously thoughtful) features the company’s iOS and Android apps. → Read More

February 28th, 2013

Y Combinator-Backed Balanced Adds Bank Payments To Its Peer-To-Peer Payments Platform

Balanced_Logo_Final

Payments startup Balanced has been growing quickly over the past several months, with 30 percent monthly transaction volume growth since August. Due to popular demand, the latest update to Balanced’s payments platform will make it easier for users to have payments deducted out of their bank accounts, rather than paid by credit or debit card. → Read More

February 14th, 2013

Y Combinator-Backed Balanced Launches A Standalone API For Next-Day ACH Payments

Balanced_Logo_Final

Y Combinator-backed startup Balanced offers a platform for collaborative consumption companies to both take in and make payments to users on either side of the transaction. But what if they only need to make payments to users who provide the goods or services? With the launch of Balanced’s Payments API, announced to customers today, they’ll be able to do that. → Read More

November 16th, 2012

Y Combinator-Backed Balanced Raises $1.4M To Provide A Payment Platform For Peer-To-Peer Marketplaces

Balanced_Logo_Final

There are a growing number of peer-to-peer marketplaces out there, helping to match up buyers and sellers. But for those marketplaces to work, they don’t just need payment processing — they also need to worry about how sellers get paid. That’s Y Combinator-backed payments startup Balanced hopes to do, by providing a two-sided payment platform for marketplaces. → Read More