December 3, 2014
Single purpose API
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Email marketing service provider MailChimp announced last week a new $1 million dollar fund for startups building products that integrate with the service's MailChimp API. MailChimp's program is somewhat unique in that they won't be asking for equity from the companies they fund. It's a pretty attractive deal for prospective partners and a trail-blazing move for a platform in an increasingly competitive industry.
Some of the best experiences in my life are trips that I took with my closest friends. These memories could be even better if I had not been forced to wait so long to get paid back after fronting the hotel bill. Sometimes friends have different ideas on what is an acceptable timeline for recompense. Now, thanks to Splitable, we can all avoid setting ourselves up for a let down by leveling the playing field. Splitable is an easy-to-integrate payment solution that lets customers split the cost of products and services with their friends. The simple online interface provides a forum for discussing plans and then facilitates payment. The company offers the Splitable API that gives store owners the ability to allow their customers to split the cost of a product or service.
Consumers have been turning to third-party financial apps that seamlessly connect with their banks. To achieve true global connectivity in the age of the open financial web, a new standard for data sharing must be created, adopted, then actively governed under a framework of strict interoperability.