OurCrowd portfolio company BillGuard was featured in Forbes, a leading business and finance magazine. BillGuard identifies fraud and “grey” charges, which cost consumers over $25B annually, by analyzing crowdsourcing transaction data from its millions-strong user base.
BillGuard, which offers free monitoring of credit and debit card activity and notifies users of fraud and unauthorized charges, has partnered with the identity theft prevention of Experian to provide a comprehensive service for consumers whose cards may have been compromised in data breaches like Target and Home Depot.
The partnership with Experian will give BillGuard huge new reach. A graduate of the New York City Fintech Innovation Lab sponsored by the Partnership Fund for New York City and Accenture, the company has worked closely with banks who appreciate the service but balked at actually offering it to their customers, said CEO Yaron Samid, founder and CEO.
BillGuard raised $3,896,064 from OurCrowd investors in August 2014.
Read more on Forbes here.