Amplify LA closed $8 million in funding last week, the Venice-based accelerator’s largest round yet. The funds will support current and future portfolio companies with follow-on funding, which will help Amplify “fulfill our own prophecy,” Oded Noy, co-founder and chief technologist said.
Payoff, a financial site that helps users pay off credit card debt, announced a $46.76 million Series C funding this week. However, the Costa Mesa-based company expects the round to close at $67.4 million. Payoff users — typically millennials — take 10 minute quizzes, and the site presents them with their financial 'personality,' in order to help them understand what their financial outlook will look like moving forward.
