Overview
Update- Headquarters:
- San Francisco, CA
- Description:
- Balanced is a payment system allowing marketplaces to charge cards, escrow funds, deposit via ACH direct, and collect fees.
- Founders:
- Matin Tamizi, Mahmoud Abdelkader, Jareau Wade
- Categories:
- E-Commerce, Payments, Mobile Payments
- Website:
- http://www.balancedpayments.com
- Social:
Company Details
UpdateBalanced is the first payment system designed for marketplaces from the ground up. We provide a feature-rich, fully integrated api that allows marketplaces to charge cards, escrow funds, deposit next day via ACH direct, and collect their own marketplace fees.
Funding Rounds (4) - $3.55M
Update| Date | Amount / Round | Valuation | Lead Investor | Investors |
|---|---|---|---|---|
| Apr, 2014 | undisclosed amount / Seed | — | — | 3 |
| Apr, 2013 | $2M / Seed | — | Andreessen Horowitz | 14 |
| Nov, 2012 | $1.4M / Seed | — | — | 6 |
| Feb, 2011 | $150k / Debt Financing | — | — | 0 |
Investors (17)
News (11)
Update| Date | News |
|---|---|
| Mar 13, 2015 | TechCrunch - Balanced Is Closing Its Marketplace Payment Platform In 90 Days, Strikes Transition Deal With Rival Stripe |
| Feb 25, 2015 | TechCrunch - Coaxing US Banking And Payments Into The 21st Century |
| Jun 12, 2014 | TechCrunch - Balanced Adds Push-To-Card Payment Option For Marketplaces |
| Nov 20, 2013 | SEC - SEC FORM D |
| Apr 2, 2013 | TechCrunch - YC-Backed Payments Startup Balanced Raises More Money From Andreessen Horowitz, CollabFund, And Others |
| Mar 29, 2013 | FinSMEs - FinSMEs |
| Feb 28, 2013 | TechCrunch - Y Combinator-Backed Balanced Adds Bank Payments To Its Peer-To-Peer Payments Platform |
| Feb 14, 2013 | TechCrunch - Y Combinator-Backed Balanced Launches A Standalone API For Next-Day ACH Payments |
Offices/Locations (1)
UpdateHQ
965 Mision Street
Suite 425
San Francisco, CA 94103
USA
