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Forbes: P2P Payments Platform Balanced Raises $2M

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“This morning, Balanced is free to announce their next exciting piece of news – a $2 Million investment from venture capital heavy weights Andreesen Horowitz through general partner Jeff Jordan (former president of PayPal),Collaborative Fund, and several former Facebook Alumni.  Add in $1.4 million previously raised from the likes of Ashton Kutcher, Brian Chesky, Yishan Wong, Y Combinator, & SV Angel among others & you have nearly everyone on the planet a startup founder dreams of including.” – Evan Kirkpatrick, Forbes

Balanced Payments, the P2P Payments platform focused on the collaborative consumption space, has seen a 30% growth in transaction volume month-on-month for the last seven months. They will use this additional funding to focus on international currency conversion, operational support and continued focus on fraud and compliance.

Learn more about Balanced in this article on Forbes.

The post Forbes: P2P Payments Platform Balanced Raises $2M appeared first on Collaborative Consumption.


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