Small Business Funding Platform TrustLeaf Chosen for Accelerator Backed by Major Financial Firms

SUNNYVALE, Calif. - March 16, 2015 - PRLog -- TrustLeaf, the social lending platform for small businesses and emerging entrepreneurs, has been accepted, out of 850 startups, to a 12-week accelerator program from popular Silicon Valley startup incubator, Plug and Play Tech Center.

“Alternative funding for U.S. small businesses is one of the most exciting trends that personal financing has seen in the last decade–it’s helping real people bring new ideas and resources to local communities and TrustLeaf is proud to be part of that trend,” says Anson Liang, TrustLeaf CEO and Co-Founder. “TrustLeaf is making it easy for early-stage entrepreneurs to find the kind of funding that suits them. The Plug and Play FinTech Accelerator Program enables us to work with world-renowned financial institutions, such as Citi and CapitalOne, to provide TrustLeaf with additional resources enabling us to offer our product to even more self-started new businesses.”

Plug and Play Tech Center attracts leading companies across its corporate accelerator programs in FinTech, Brand & Retail, and the Internet of Things. Partners have the opportunity to meet leading start-ups that offer innovative solutions specific to their industry. Demo Day for the current batch of startups will be May 21st at Plug and Play Headquarters in Sunnyvale California.

"Plug and Play is honored to play a role in TrustLeaf's story and we're thrilled to have them participating in the FinTech program,” says Scott Robinson, FinTech Director at Plug and Play Tech Center. “Many entrepreneurs face a significant challenge when first starting their business. TrustLeaf offers the solution to bridge this gap for companies needing capital but lacking funding resources."

About TrustLeaf
TrustLeaf is a platform for early-stage entrepreneurs to turn their social capital into startup capital. TrustLeaf lets users first know what different types of funding they should concentrate their efforts on, including the various ways that friends and family can provide financing. TrustLeaf then provides an intuitive process to show off the user’s business plan, gather feedback and commitments, document the loans with legal agreements, and track transactions online. TrustLeaf then uses this data to provide its users with expanded access to other funding options through its partnerships with institutional lenders. To learn more, visit www.trustleaf.com

About Plug and Play FinTech Accelerator
Plug and Play FinTech provides funding, mentorship and acceleration to startups and first-time entrepreneurs to help them bring to market the next disruptive solution for the growing worldwide economy. Our global network of mentors & advisors help startups further their product development & prepare them to present to Silicon Valley's top investors. Learn more here: http://plugandplayaccelerator.com/fintech