Balanced

http://balancedpayments.com/

Last activity: 21.07.2020

Active

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Payments for Marketplaces

Followers

1.44K

Mentions

Overview

Employees

11-50

Total raised

$4.8M

Founded date

2010

Investors 1

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Funding Rounds 2

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Nov 16, 2012	Funding round	$1.4M

Mentions in press and media 23

Date	Title	Description
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Mar 13, 2015	Payment platform Balanced closes its doors and transitions customers to Stripe	Balanced has announced that it is closing down its marketplace payment platform. “Unfortunately, we haven’t been able to reach the escape velocity necessary to be a large, innovative, independent player in the payments space and have decide...
Mar 13, 2015	Payment platform Balanced closes its doors and transitions customers to Stripe	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Balanced has announced that it is closing down it...
Feb 25, 2015	Coaxing US Banking And Payments Into The 21st Century	Jake Howerton Contributor Editor’s note: Jake Howerton is a co-founder of Zipmark, an online payment solution enabling business to make or accept secure digital check payments. In the last decade, financial institutions and industry regulat...
Sep 30, 2014	Ditching eBay is the only way PayPal can grow	PayPal announced it will spin off from parent company eBay in 2015. The departure marks a new road ahead for the payments giant — and just in time: Digital payments are heating up, and PayPal is facing competition on all fronts. A number of...
Jun 12, 2014	Balanced Adds Push-To-Card Payment Option For Marketplaces	Payments startup Balanced is looking for ways in which its marketplace customers can more quickly exchange funds between those who are purchasing goods or services on their platforms to those who provide them. The latest option to be added ...
May 18, 2014	Porn Star (Re)tweets About Porn, Gets Her Medical Fundraiser Suspended	Image: ancient porn/Simone Tagliaferri When porn performer Eden Alexander found herself with medical bills she was unable to pay, her friends did what many people do these days and held a fundraiser on GiveForward, a WePay platform service ...
Feb 26, 2014	Knox Payments launches with $900K to speed up painfully slow online check-outs	Presenting today at the LAUNCH festival, Knox Payments is raising the curtains on a new service for merchants. Similar to Balanced and Dwolla, Knox Payments allows merchants to accept payments directly from their customer’s bank accounts. T...
Feb 20, 2014	Balanced (YC W11) partners with Coinbase (YC S12) to help two-sided marketplaces accept bitcoin	Payments platform Balanced has been gradually adding features to enable marketplaces to accept and make payments out to their users. Today the company is announcing that it’s integrated with Coinbase and will allow its customers to accept B...
Feb 20, 2014	'Balanced' Integrates Bitcoin Payments for 450+ Online Marketplaces	Balanced , a San Francisco-based company that provides a payment API for online marketplaces has today announced plans to integrate bitcoin into its system. The company's co-founder and CEO Matin Tamizi told CoinDesk that its marketplaces w...
Feb 20, 2014	Marketplace Payments Startup Balanced Partners With Coinbase And Adds Bitcoin Support	Payments platform Balanced has been gradually adding features to enable marketplaces to accept and make payments out to their users. Today the company is announcing that it’s integrated with Coinbase and will allow its customers to accept B...
Jan 24, 2014	Balanced Takes Open Source Product Development To The Next Level With Crowdfunding Campaign	Balanced will be adding a new feature to its arsenal of payments features in the coming months, allowing customers to push payments directly to debit cards. But this product development cycle comes with the support of a number of customers ...
Jan 9, 2014	Payments underdog Balanced challenges PayPal and Stripe with new pricing model (and momentum)	Balanced founder Jareau Wade wants people to know that Braintree and Stripe aren’t “the only payment games in town.” This underdog of the online payments world grew by 757 percent in transaction volume and 784 percent in number of customers...
Apr 3, 2013	Balanced Closes $3.4M Seed Funding	Balanced, a San Francisco, CA-based developer of payments and fraud solution for marketplaces and networks, closed a $3.4m seed funding round. Backers included Andreessen Horowitz via general partner Jeff Jordan, former president of PayPal,...
Apr 2, 2013	YC-Backed Payments Startup Balanced Raises More Money From Andreessen Horowitz, CollabFund, And Others	Y Combinator-backed payments startup Balanced has closed out a total $3.4 million seed round, thanks to the addition of $2 million in new funding from investors such as Andreessen Horowitz, CollabFund, and a bunch of angels. The funding is ...
Apr 2, 2013	Payments Startup Balanced (YC W11) Raises More Money From Andreessen Horowitz, CollabFund, And Others	Y Combinator-backed payments startup Balancedhas closed out a total $3.4 million seed round, thanks to the addition of $2 million in new funding from investors such as Andreessen Horowitz, CollabFund, and a bunch of angels. The funding is ...
Apr 2, 2013	Balanced adds $2M from Andreessen Horowitz, Collaborative Fund into its checkbook	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Two-sided things need to be balanced, whether the...
Mar 7, 2013	Chatting Is Great, But GroupMe’s Mobile Apps Now Let Users Split Payments, Too	While the folks at GroupMe have spent some time exploring the world outside group messaging, they certainly haven’t given up on refining the formula that made them so appealing in the first place. Earlier today, GroupMe pushed out a pair of...
Feb 28, 2013	Y Combinator-Backed Balanced Adds Bank Payments To Its Peer-To-Peer Payments Platform	Payments startup Balanced has been growing quickly over the past several months, with 30 percent monthly transaction volume growth since August. But in that time, the Y Combinator-backed company has continued to add new features that its pa...
Feb 15, 2013	Balanced (YC W11) releases Balanced Payouts, letting developers get next-day ACH deposits	Marketplace payment service Balanced has announced the official releaseof its Balanced Payouts, a standalone API that allows developers to tap into next-day ACH deposits . While not a new feature for the company, it is the first time it has...
Feb 14, 2013	Y Combinator-Backed Balanced Launches A Standalone API For Next-Day ACH Payments	Collaborative consumption is all the rage these days, as new platforms have emerged to allow people to make goods or services easily available to others. But the rise of peer-to-peer marketplaces like Airbnb, Getaround, and TaskRabbit has a...
Nov 16, 2012	Y Combinator-Backed Balanced Raises $1.4M To Provide A Payment Platform For Peer-To-Peer Marketplaces	There are a growing number of peer-to-peer marketplaces out there, helping to match up workers and sellers with products or skills, with buyers who wish to take advantage of them. But for those marketplaces to work, they don’t just need pay...
Nov 16, 2012	Balanced (YC W11) Raises $1.4M To Provide A Payment Platform For Peer-To-Peer Marketplaces	There are a growing number of peer-to-peer marketplaces out there, helping to match up workers and sellers with products or skills, with buyers who wish to take advantage of them. But for those marketplaces to work, they don’t just need pay...

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FAQ about Balanced

When was Balanced founded?

Balanced was founded in 2010.

How much funding has Balanced raised?

Balanced has raised $4.8M in total across 2 funding rounds.

What funding rounds has Balanced raised?

Parsers VC lists 2 funding rounds of Balanced, among them a funding round of $1.4M on Nov 16, 2012.

What has the press written about Balanced?

Parsers VC has collected 23 articles mentioning Balanced, among them “Payment platform Balanced closes its doors and transitions customers to Stripe” (Mar 13, 2015) and “Payment platform Balanced closes its doors and transitions customers to Stripe” (Mar 13, 2015).

Is Balanced still active?

Yes, Balanced is active; its latest activity on Parsers VC dates from Jul 21, 2020.