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According to Silicon Beat, e-commerce reputation service Rapleaf has raised $1 million dollars. Congrats to Auren and the team. The company has struck a chord, especially when you consider that eBay banned Rapleaf within weeks of launching. As I have said previously, Rapleaf is a data provider/node which could also be categorized as an aggregator/hub. Great timing for the identity aggregators who need data like Rapleaf’s but don’t have the resources to go out and reinvent the wheel.
Looking forward to seeing what we can do with the API and how they will be securing the service from fraud. Next month the marketing push will commence.
