COVINGTON, Ky. (April 5, 2014) – Silicon Valley based firm refund.me Group Inc. has acquired Travel Notes, an UpTech III startup company that assists banks in providing their credit cardholders with a better use experience.
Based at Northern Kentucky University’s College of Informatics, UpTech is Greater Cincinnati’s informatics accelerator. Travel Notes is a 2015 “graduate” of the UpTech program. refund.me is a global air passenger rights service provider.
Travel Notes entered the UpTech program as a startup idea under Hudson Chilton, Founder and CEO. Travel Notes developed their Fraud Protection Platform to enable banks and card processors to provide a better card holder experience by notifying banks of the card holder’s travel experience. This allows the card holder to travel without having their card declined.
“Hudson is one of the hardest working entrepreneurs we’ve seen in our program. We are thrilled for him in this success,” said UpTech Inc. Board Chair Tom Prewitt.
“The success of Hudson and Travel Notes is exactly the vision we had in mind when UpTech was created in 2012. We wanted to build a unique program that supported, educated and funded startups, like Travel Notes,” said UpTech Founder Casey Barach. “This story would not be taking place without the amazing support of the business community volunteers, financial supporters and the UpTech Fund Investors.”
The terms of the transaction were not disclosed.
UpTech is an intense, six-month accelerator program that guides participant startups through areas of business development that range from marketing and fundraising to market research and pitching the company to both investors and clients. For more information on UpTech, please visit http://www.uptechideas.org/