INTERESTING COMPANIES FOUND
Remotize (2016, Ann Arbor) – Peer-to-peer auction styled marketplace for student loans. Students post customized loan plans using available templates while investors browse the marketplace and place bids on student loans. Investors offering the lowest interest rates on a particular loan win the right to invest in that student.
MyRoundUp (2014, SF) – Web and mobile-based spare change donation platform. It automatically rounds up the purchases and donates the change from their linked bank account to pre-selected charities and causes.
HIGHLIGHTS OF THE DAY
- First Data, a leading payments processing service provider, has agreed to buy payment processor CardConnect for $750M in cash. Read More
- Raize, a Portuguese peer-to-peer platform has raised €10M ($11.1M) in a strategic investment round from Banco BNI Europa to boost lending to SMEs in the country. Read More
- NetGuardians SA, a Switzerland-based provider of fraud prevention and risk mitigation solutions, has raised a Series C investment of CHF 8.5M by Swisscom Ventures and Freemont Management. Read More
- Wave, a Toronto-based provider of financial management software for small businesses has raised $24M in a funding round led by National Australia Bank and Royal Bank of Canada and joined by PowerCorp, Portag3, and Exhibition Ventures and other existing investors. Read More