How they describe themselves: BillFloat’s bill payment and small-dollar loan service offers consumers more time to pay bills. BillFloat combines an elegant payments platform with a proven underwriting engine, and a network of registered lenders that extend small-dollar loans to consumers. With BillFloat, consumers avoid late fees and high-interest loans, and can pay over 3,500 billers including phone, cable companies, insurers, and utilities. Billers incorporate BillFloat into their consumer portals alongside other payment options such as credit cards and ACH. BillFloat helps billers eliminate collections, gain payments certainty, and improve cash flow.
How they describe their product/innovation: BillFloat is exiting its pilot and announcing an industry first: BillFloat’s ‘Never Say Never’ platform. ‘Never Say Never’ increases the size of bills that consumers can pay with BillFloat, and allows our network of lenders to offer a broader range of competitive and compatible credit options to a larger consumer pool. Where others say no, BillFloat can say yes!
Key Executives: Ryan Gilbert (Co-Founder & CEO), Sean O’Malley (Co-Founder & VP Product), Robin O’Connell (VP Business Development)
Key Board Members: Brian Ascher (Venrock), Ryan Gilbert (BillFloat), Mark Goines, Rob Hayes (First Round Capital), Sean O’Malley (BillFloat)
Key Investors: Venrock, PayPal, First Round Capital, SoftTech VC, Baseline Ventures, SV Angel
Key Advisory Board Members: Brian Billingsley (FIS), Arjan Schutte (Core Innovation Capital)
Bus. Dev.: Robin O’Connell, VP Business Development, firstname.lastname@example.org, 415-265-5182
Press: Peter Mansfield, VP Corporate Communications, email@example.com, 310-245-9600
Sales: Chuck Coutts, Director, Business Development, firstname.lastname@example.org, 925-640-1641
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