Tuesday, August 30, 2011

Former PayPal CEO of Intuit raises $ 25 m for "new generation" financial consultant

Robin Wauters is currently staff writer for TechCrunch and lead editor of Virtualization.com. In addition to its activities, professional blogging, he is an entrepreneur, the organizer of the event, from time to time the Council consultant and an angel investor, but most importantly champion full launch. Wauters lives and works in Belgium, a tiny country in Europe. He can often be found from his home or ... ? Read More

personal capital

Personal capital came out of stealth mode today on the "create a new model for financial services" and announced that he raised only 25 million dollars of venture funding. The funding includes a series a round led by institutional venture partners and series b round led by Venrock with NVS, also investing again.

The company is not quite ready to launch yet, how can you say with sparse website, but said that he would soon be debuting Advisor that provides custom investment management, banking and personal finance services built around each customer a unique and complete financial situation.

Personal capital manages private investor and former PayPal and Intuit's chief exec Bill Harris (CEO), EverBank co-founder and former Fidelity Investments personal trust company President, Rob Foregger (Chief Strategy Officer) and former E-loan CIO Jay Shah (CIO).

The company is based in Redwood City, California.


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