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ActionCLUB - Sam Kohn Testimonial for ActionCLUB, and ActionCOACH Jay McDowell Sam Kohn, CFO, National Equity Funding, Orange County, CA discusses the impact that ActionCLUB, and Jay McDowell have had on his ...

Digital credit card firm raises millions, partners with City National

With Extend's tech, employers can closely track spending from employees and subcontractors. Families with caretakers can set safeguards to avoid elder financial abuse. The cards will also encourage commercial customers to reduce their use of checks or cash to reimburse employees.

“Our entertainment clients lose their auditing trail with cash or check,” said Vince Hruska, senior vice president and director of enterprise cards at City National Bank. “We want their spend going through these cards, and Extend will give them more detailed reporting and categorize their transactions.”

The funding “validates our theory that you can build a platform in collaboration with networks and issuers,” said Andrew Jamison, CEO and co-founder of Extend. “Our go-to-market is collaborating with banks instead of running around banks.”

The startup also plans to launch new features for its mobile app, develop open application programming interfaces, and recruit more talent across engineering, marketing and operations.

Will Romney's approach to repairing our infrastructure be to sell off the roads and bridges to Private Equity?

or Hedge Funds?

The roads and bridges can be fixed up, turned into toll roads and bridges and sold to investors.