“TechCrunch Disrupt is a great springboard for so many reputable and successful companies and we view this as validation of our mission to provide an alternative to predatory debt debt.” – WellMoney founder Kortney Ziegler, PhD.
OAKLAND, CA (PRWEB)
October 13, 2022
WellMoneya membership-based, community-based money-sharing app designed to provide a fair, debt-free emergency fund alternative for personal financial emergencies, today announced that it has been chosen for the first-ever Start Battlefield 200 cohort, showcasing exemplary startups on this year’s exhibit floor at TechCrunch Disrupt in San Francisco from October 18-20.
According to TechCrunch: “From around the world, these 200 companies are the best in their respective industries.”
Selected by TechCrunch’s editorial staff from thousands of applications, Startup Battlefield 200 companies each get a free VIP experience of masterclasses, pitch deck teardowns, hosted receptions, and access to international investors and media . These will be the only startups allowed to exhibit at Disrupt on the expo floor during the three days of the show. Of these, 20 will be selected to compete for TechCrunch’s $100,000 equity-free prize.
“It’s a huge honor to be selected from thousands of applicants and an incredible endorsement from WellMoney, as we are in the very early stages of the start-up phase,” said WellMoney founder Kortney Ziegler, PhD. “TechCrunch Disrupt is a great springboard for so many reputable and successful companies and we view this as validation of our mission to bridge the gaps between charitable, government, religious and other crowdfunding options, and provide an alternative to predatory debt.”
WellMoney was officially launched on October 1 after a soft opening in June, in honor of Juneteenth. The app aggregates member contributions and distributes funds to members in need of emergency assistance with no repayment required and no strings attached, helping to break the cycle of spiraling debt from predatory lenders, high-interest credit card debt or loans from family and friends that can be difficult for struggling households to repay.
“Through WellMoney, everyone contributes money to help those who are struggling, while helping to prevent future financial obstacles by sharing education and resources,” says Dr. Ziegler. “We believe that people deserve dignity and grace, so we created WellMoney as an alternative to the often predatory payday loans, the sometimes humiliating public nature of crowdfunding, and the demands often associated with charitable and government support.”
Startup Battlefield alumni represent over 900 companies with over 121 successful exits (IPOs or acquisitions) and over $9.7 billion in funding raised. Discounts on passes can be found here: https://tcrn.ch/3BUuT2D
WellMoney was founded by Kortney Ziegler, PhD, an entrepreneur who develops simple technology solutions that increase the financial and social prosperity of users. WellMoney is a membership-based community that connects people who want to give directly with people in need. Before launching WellMoney with the support of ideas42Companies, Dr. Ziegler co-founded crowdfunding platform Appolition, raising more than $1 million to pay bail for people who can’t afford it. Appolition was named one of the most innovative companies in the world by Fast Company. Dr. Ziegler also founded Trans*H4CK, an organization focused on creating technologies for transgender sustainability and visibility. Visit: https://well-money.com/.
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