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Payoff.com Ups Funding To $5.8M

Los Angeles-based Payoff.com, the online personal finance site headed by Scott Saunders, has confirmed it has raised $2.0M in a venture round today, upping its total raised for the company to $5.8M. The funding came from Anthemis Group, Firstmark Capital, Great Oaks Venture Capital, and others. Payoff.com uses social networking and gamification to help users pay off debt and improve their finances. The funding first came to light in a regulatory filing Monday. Saunders, depressed about the state of Americans' personal finances, started Payoff.com with the goal of helping people pay off their debt and achieve their life goals. More information »


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