Balanced (YC W11) releases Balanced Payouts, letting developers get next-day ACH deposits

by Alexis Ohanian2/15/2013

Marketplace payment service Balanced has announced the official releaseof its Balanced Payouts, a standalone API that allows developers to tap into next-day ACH deposits . While not a new feature for the company, it is the first time it has been released on its own — previously it was part of the company’s full marketplace payments offering.

This is the latest update from the Y Combinator alumnus, formerly known as PoundPay. Since last October, the company tells us that it has seen growth increase five-times and has seen 100,000 API calls per day.

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  • Alexis Ohanian