January 21, 2015
This startup raised $3.5M to help your grandparents fight credit card fraud
After launching early last year, True Link Financial just pulled in $3.5 million in funding to help America’s elderly from getting roped into scam charges.
The technology is simple enough in concept. True Link provides its clients with a pre-paid credit card. The card not only puts in place a spending limit, it also guards against potential spending pitfalls — like unauthorized additional charges companies sometimes stick consumers with.