OurCrowd’s portfolio company BillGuard was featured in VentureBeat, a leading technology website. BillGuard identifies fraud and “grey” charges, which cost consumers over $25B annually, by analyzing crowdsourcing transaction data from its millions-strong user base.
BillGuard, the crowdsourced security app for personal finance, has been acquired by peer-to-peer lending giant Prosper Marketplace.
Prosper said that the acquisition will enable it to offer its current customers more tools “to make smarter financial decisions.” Moreover, BillGuard boasts a strong engineering and product team in Tel Aviv, where the company’s two founders — Yaron Samid and Raphael Ouzan — hail from. And Prosper pointed to this as a major boon.
BillGuard raised $3,896,064 from OurCrowd investors in August 2014.
Read more on VentureBeat here.