PayByCar has built a new, contactless method to pay for gas that does not require handling cash, cards, or tapping any apps. PayByCar’s partnership with the E-ZPass Group (24 tolling agencies across 18 states) allows vehicles to use their existing E-Zpass transponders and smartphones to serve as a form of identification at gas stations. Boston TechWatch caught up with CEO and Founder Kevin Condon to learn more about PayByCar and the opportunities to expand beyond gas payments to drive-thru food, curbside pick-up, commercial parking, and the rest of the in-vehicle economy.
Sitting at the intersection of investing and banking is Finch, a new checking platform that automatically invests your checking balance to earn returns on your funds. Account-holders can withdraw their funds at any time including the invested portion. Boston TechWatch caught up with Founder Neel Ganu to learn more about the genesis of the company’s future plans, imminent launch in the App Store, and recent round of funding from investors that include Mendoza Ventures, Barclays, Techstars Investors, and Draper Frontier.
Armed with some data from our friends at CrunchBase, I broke down the 10 largest rounds in Boston during the month of November. I have included some additional information such as industry, brief company description, round type, total equity founding raised, and date of funding to further the analysis for the state of venture capital in Boston. […]