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TransFS Gets Seeded
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TransFS, a Chicago-based comparison shopping site for credit card processors, has raised $510,000 in seed funding from fellow Chicago-based Hyde Park Angels and 500Startups of Mountain View, California.
The startup aims to help merchants save money on credit card fees and also conducts reverse auctions to solicit competing bids from credit card processing companies.
Funding
Funding Total: $510,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| Seed | 08/2010 | $510,000 | – | – |
| Investors: Hyde Park Angels , 500 Startups | ||||
Founders
- Posted in: Funding
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