Tag: Game

Torpago: The New Player In the FinTech Game

There’s a new player joining Brex, Divvy, and the rest in the FinTech game. Torpago offers similar money management tools and integrations as the rest, with the added bonus that only a couple of the others offer. They report payment to the business credit reporting agencies. 

Is Torpago Right for Your Business? 

It has a number of services that can help your business manage funds more effectively and efficiently. From corporate cards to help manage employee spending to top software integrations, they have plenty to offer. 

Card Details

There are both physical and virtual card options. Limits are assigned on an individual basis. They claim their proprietary underwriting process and technology allow them to offer higher credit limits than traditional business cards. 

In addition, there is no personal guarantee or deposit requirement. Furthermore, it seems to function more like a charge card. So, similar to Net 30 financing, you pay off the total balance in 30 days. That means, there is no interest. To qualify, you need:

  •  A legal business name
  • Employer Identification Number (EIN)
  • Physical company address
  • And a business bank account. 

Rewards

Earn one point per dollar spent. In addition, they have offers and discounts with Quickbooks, Carta, and Plastiq. 

Integrations

They have integration capacity with Quickbooks, FinancialForce, Acumatica, and NetSuite. The integrations offer real time accounts meaning as soon as you swipe, the expense is recorded appropriately in your system. 

Business Credit

They require all approved customers to connect their business bank account to the Torpago system. They partner with Plaid to allow you to do this securely. After that, they have read-only access to view your balance. As your business grows, they will increase your limit. 

They also claim to report payment to help build business credit. However, they only state on their site that they report it to the “right people.” They do not say which business credit reporting agencies they report to. 

Reputation and Reviews

This is a new company that didn’t even have a BBB file until the end of 2020. Unfortunately, they have a C- rating with the Better Business Bureau. They also have an app in the Apple Store that has 4.3 stars. Other than that, while there are few things floating around, almost everyone seems to be kind of in a “wait and see” holding pattern with this one. 

Conclusion

There is nothing glaringly wrong here. While they don’t state who they report to, no one seems to be disputing that they do report to someone. So, if you choose them for your money management needs, the credit can definitely come in handy. Since it seems their underwriting processes may be more small business friendly than traditional banks, it can’t hurt to give them a shot.  But remember, one account reporting isn’t enough to build strong business credit. You’ll need more. Check out these 7 vendors to help you start building business credit. 

The post Torpago: The New Player In the FinTech Game appeared first on Credit Suite.

Kodable (IK12) is hiring a senior game developer to help us teach kids to code

Article URL: https://angel.co/company/kodable/jobs/1983277-senior-game-developer-unity

Comments URL: https://news.ycombinator.com/item?id=30388182

Points: 1

# Comments: 0

Georgia routs Michigan 34-11, will face Alabama in title game

With one overwhelming half at the Orange Bowl, No. 3 Georgia showed that a humbling loss to Alabama did not break the Bulldogs. In fact, it might have made them even stronger.

Hawaii bowl game canceled as team pulls out due to COVID, injuries

Hawaii withdrew itself from the Hawaii Bowl game late Thursday evening, a day leading up to the game.

Taloflow (YC W21) is hiring a Game Designer to make selecting dev tools engaging

Article URL: https://www.ycombinator.com/companies/taloflow/jobs/ix5ffnH-game-designer-contract-to-make-selecting-dev-tools-engaging Comments URL: https://news.ycombinator.com/item?id=29287333 Points: 1 # Comments: 0 The post Taloflow (YC W21) is hiring a Game Designer to make selecting dev tools engaging appeared first on Get Funding For Your Business And Ventures. The post Taloflow (YC W21) is hiring a Game Designer to make selecting dev tools engaging appeared first … Continue reading Taloflow (YC W21) is hiring a Game Designer to make selecting dev tools engaging

Nancy Grace raises new questions in case of missing California mom last seen at her son's football game

Heidi Planck, 39, was last seen on Oct. 17 at her 10-year-old son’s football game before vanishing.

Game 4 of Astros-White Sox ALDS ppd because of forecast

Game 4 of the AL Division Series between the Houston Astros and Chicago White Sox has been postponed because of rain in the forecast.

Auburn's first Big Ten road game in 90 years and everything else to watch in Week 3

Dave Wilson and Harry Lyles Jr. preview the most interesting storylines of the week in college football, from Auburn-Penn State to Alabama-Florida. The post Auburn's first Big Ten road game in 90 years and everything else to watch in Week 3 appeared first on Buy It At A Bargain – Deals And Reviews.

Auburn's first Big Ten road game in 90 years and everything else to watch in Week 3

Dave Wilson and Harry Lyles Jr. preview the most interesting storylines of the week in college football, from Auburn-Penn State to Alabama-Florida.

The post Auburn's first Big Ten road game in 90 years and everything else to watch in Week 3 appeared first on Buy It At A Bargain – Deals And Reviews.

As U.S. soccer's only openly gay male player, Martin is making the game more inclusive

Discriminatory language pushed Collin Martin “further in the closet” as a young player, which is why he’s working to make the game more inclusive.

The post As U.S. soccer's only openly gay male player, Martin is making the game more inclusive appeared first on Buy It At A Bargain – Deals And Reviews.