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JAN 16, 2014 - TechCrunch

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Look Out, YC Payments Startup Balanced Is Processing $370M A Year

After eBay’s Paypal bought Braintree for $800 million earlier this year, who’s next? While Stripe is known as an innovator in the payments space, it turns out there is another YC-backed company that’s on the rise too. Balanced says it’s currently handling a volume of more than $370 million per year, and says it is servicing more than 440 marketplaces and crowdfunding platforms. That’s roughly eightfold growth since the beginning of this year in both transaction volume and the number of customers. For comparison, Braintree said it was on track to process about ... Read More

Tags: Look Out, YC Payments Startup Balanced Is Processing $370M A Year,  Airbnb Latest News