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October 10, 2012 02:59 pm GMT
A new Y Combinator-incubated startup is entering the fintech scene today, aiming to disrupt payday loans and consumer finance. LendUp, is leveraging technology to redefine the payday lending experience, bringing a new level of innovation and transparency to an industry that desperately needs disruption. And the San Francisco-based startup is launching today with funding from an impressive group of VC firms and angels including Y Combinator, Kleiner Perkins, Yuri Milner's Startfund, Andreessen Horowitz, Google Ventures, Thomvest Ventures, Kapor Capital, Bronze Investments, Founders CoOp, Data Collectives, Garry Tan, Harj Taggar, Alexis Ohanian and others.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vSmcM0X9so4/
LendUp Raises Cash From Kleiner Perkins, Andreessen Horowitz, Google Ventures And Others To Disrupt Payday Loans
A new Y Combinator-incubated startup is entering the fintech scene today, aiming to disrupt payday loans and consumer finance. LendUp, is leveraging technology to redefine the payday lending experience, bringing a new level of innovation and transparency to an industry that desperately needs disruption. And the San Francisco-based startup is launching today with funding from an impressive group of VC firms and angels including Y Combinator, Kleiner Perkins, Yuri Milner's Startfund, Andreessen Horowitz, Google Ventures, Thomvest Ventures, Kapor Capital, Bronze Investments, Founders CoOp, Data Collectives, Garry Tan, Harj Taggar, Alexis Ohanian and others.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vSmcM0X9so4/
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