GoCardless, the Y Combinator-backed payments startup based in the U.K., has raised a $3.3 million Series A round of funding, led by existing investors Accel Partners and Passion Capital. The company had previously raised $1,5 million in seed funding in early 2012, following its participation in the Y Combinator Summer 2011 class. Founded in 2010 by Oxford graduates Hiroki Takeuchi, Tom Blomfield… → Read More
GoCardless, the Y Combinator-backed startup founded in 2010 by Oxford graduates Hiroki Takeuchi, Tom Blomfield and Matt Robinson, is today launching a new product called PayLinks which aims to be something like a Bit.ly for payments. With its dead simple interface, anyone can create a shortened, tweet-friendly link in around 60 seconds, the company claims, allowing you to start collecting money… → Read More
If you’ve ever set up an automatic ‘Bill Pay’ feature on your bank account to pay off your utility and cable bills, then you’ve taken advantage of a nifty feature called an ‘interbank transfer’, also known as an ‘Automated Clearing House’ payment. Once they’re set up, they tend to be very convenient — the amount of the bill is automatically deducted from your account, saving you the hassle of… → Read More
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