Chicago-based startup TransFS has raised $510,000 in new funding from Hyde Park Angels and Silicon Valley angel investor Dave McClure’s recently launched investment fund 500Startups.
TransFS, which we wrote about here at the startup’s launch last year, is a comparison shopping site for credit card processors. The startup aims to help merchants save money on credit card fees and also conducts… → Read More
Accepting credit cards is crucial for any merchant but the obvious downside of this are the associated credit card processing fees which can amount to significant chunks of change. Usually fees range anywhere between 2 percent and 4 percent. Startup TransFS is hoping to help businesses sort through this issue by offering a comparison shopping website for credit card processing fees.
On TransFS… → Read More
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