Wallaby Financial Raises $1.1M in Funding
Summary
Wallaby Financial, a Pasadena, Calif.-based digital wallet and credit card company, has raised $1.1m in funding.The round was led by Founders Fund Angel and WI Harper Group, with participation from SLP Ventures, Lion Wells Capital, and Los Angeles-based angel investors including former Green Dot and financial services executives.The company intends to use the funding to further expand and refine its program.Led by Matthew Goldman, co-founder and CEO, and Todd Zino, CTO, Wallaby Financial has developed the Wallaby Card, a cloud-based wallet that helps consumers who hold multiple credit cards optimize their credit card rewards and benefits automatically.It also connects the user to marketing offers from merchants & banks with social mechanics.