Funds Rewarder receives a $7 million investment Name Rewarder

Investors Granite Ventures & Radar Partners

FUND Founded by StepUp Commerce, Inc. and Intuit, Inc. alums Kendall Fargo and Graham Rasmussen, Rewarder has closed a $7 million Series A funding round

INVESTORS Granite Ventures and Radar Partners, which also includes leading angels such as Ron Conway, David Lee, and Kenny Lerer.

PEOPLE Rewarder is a social marketplace connecting those seeking unique knowledge or expertise with real people who are eager to help. People can post Rewards for just about anything, from a customized workout plan or travel itinerary to a rare collectible, long-lost friend, or missing pet. More than 100,000 people have already joined Rewarder, and the marketplace is home to more than $10 million in active Rewards, representing tremendous economic opportunity for our growing community.

Prepaid Expense Card Solutions Inc receives a $3.2 million investment

INVESTORS iNovia Capital and new investor Bluff Point Associates. Additional investors include Augury Capital and private investors.

PEOPLE PEX Card is the industry’s first turnkey commercial prepaid card program launched specifically to help businesses streamline employee expense management. The PEX Card Admin portal includes innovative control features for managing pre-funded deposits that are directed to Visa prepaid cards employees use for day-to-day spending. Businesses that integrate the PEX Card Service into their

operations experience greater cash flow visibility by making funds disbursements and limiting spending more efficiently than with traditional card services, cash advance or expense reimbursement policies. The company is committed to introducing innovative services that better facilitate card-based purchasing commonly made by mobile work forces. PEX Card is partnered with key industry leaders, including The Bancorp Bank (NYSE: TBBK), TxVia (recently acquired by Google, NASDAQ: GOOG), and Visa U.S.A. Inc. (NYSE: V). PEX Card is privately held and is headquartered in New York City. For more information, please contact media@pexcard.com.

Name

Prepaid Expense Card Solutions Inc

Investors

iNovia Capital, Bluff Point Associates, Augury Capital & private investors.

Nesta launches £25m impact investment fund

Name Nesta

Target The new fund

represents a step change in the investment available for social innovation in the UK

Investors

Big Society Capital & Omidyar Network

FUND Nesta, the UK's innovation foundation, has announced the first closing of a new £25m impact investment fund, Nesta Impact Investments, through its wholly-owned subsidiary, Nesta Investment Management.

INVESTORS Alongside Nesta, the current investors in Nesta

Impact Investments are Big Society Capital and Omidyar Network.

TARGET The new fund represents a step change in the investment available for social innovation in the UK. Over £17.5m of commitments have been made for this first closing.