Tally, a San Francisco-based financial technology startup, has raised $50 million in new venture capital funding.They claim to have the foundation for a personal contract manager. Maybe, but AppleID or equivalent is needed, and we want this downloadable to our iPods.
Founded in 2015, Tally aims to automate the financial services of consumers at low cost. The company’s first product, released last year, offered an automatic credit card debt payment service. In March, the firm added an automatic savings account service.
Jason Brown, Tally’s CEO and cofounder, told Fortune he plans to use the latest cash injection to hire software engineers to develop more products. He said the company had already done the difficult work—the “base layer stuff” involving data aggregation, ingestion, and error correction—and that it is now focused on quickly deploying add-on services, such as automatic student loan management and credit score improvement.
Note, many of these companies are easily predictable if one operates via sandbox theory. These companies are the necessary algebra to make sandbox dense, most of them mentioned by me years ago. There will be many more. They all need AppleID compatibility.
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