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PayDivvy

PayDivvy is the free, next-generation bank that makes your (financial) life easier.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Irvine, CA, USA
  • Currency USD
  • Founded January 2010
  • Employees 7
  • Website paydivvy.com

Company Summary

There are over 60 million American households reluctant to leave their banks, despite the kludgy technology & poor customer experience. PayDivvy provides an improved banking experience and helps you organize your (financial) life...without requiring you to leave that bank that your stuck to. Our superior banking technology & valuable social tools allow you to collaborate with your social graph and save time & money…for free.

Team

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    Mike Melby
    CEO

    - Former private equity investor & investment banker, focused on financial services & fintech
    - Advisor & former interim CFO at TapIt!, leading mobile ad network
    - M.B.A., The Wharton School; B.A., UC Berkeley; fluent in Spanish, Italian and Portuguese

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    Ray Tamblyn
    VP, Product

    - Former senior manager of e-payments at VISA who lead the development of the largest web services and payment platform in Europe
    - Launched major product strategies for BBC iPlayer, 3 Italia (mobile operator), and Guardian Media
    - B.A., UC Berkeley

Advisors

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    K&L Gates
    Lawyer
    Unconfirmed
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    Melby & Meador
    Accountant
    Unconfirmed

Previous Investors

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    2010 Seed Round: $1.25 million
    Unconfirmed
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    2012 Series A Round: $2 million, over half committed by VCs
    Unconfirmed