Startups Scrape Your Financial Data for Good. (No, Really!)

By Liz Gannes


If you’re willing to give a startup access to your financial transactions, there might be some nice side benefits for you, and possibly your community.

SaveUp and Mogl are two companies that have figured out formulas for rewards that are byproducts of normal activity. SaveUp users who save money and pay off debts can enter into sweepstakes for TVs, cars, trips and cash. Mogl users who pay at participating restaurants get 10 percent cash back that they can keep or donate to a local food bank.

Over the past couple years, I’ve attended startup showcases put on by financial platforms …read more

Source: allthingsd


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