Monday, January 9, 2012

Payoff.com Gets $2.0M

Los Angeles-based Payoff.com, the online personal finance website aimed at helping consumers pay of their debt, has raised $2.0M more in funding, according to a regulatory filing by the firm. The site, headed by Scott Saunders, uses social networking, gamification, and connections to social networking sites to help inspire users to pay of their debt and improve their finances. Details on the funding have not yet been announced by the company. Payoff.com has a significant number of angel investors in the firm, and raised $3.5M last year to kick off its efforts. The firm's advisors include Dr. Galen Buckwalter, founder and Chief Scientist at eHarmony. More information »

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