![]() The startup has raised $2.22 million in outside funding to date and has a team of 12, all of whom are now joining Capital One. Paribus founders Eric Glyman and Karim Atiyeh are joining Capital One as Senior Directors in U.S. The service works with a number of online retailers, including Amazon, Best Buy, Walmart, Target, Bloomingdale’s, Macy’s, Bonobos, J.Crew, NewEgg, Costco, Staples, Kohl’s, and many others. When it finds one, it will then watch the item for a price drop within the store’s price match claim window. Paribus instead integrates with your email provider – like Gmail, Outlook, or Yahoo, for example – in order to scan your inbox for receipts of online purchases. Many retailers offer post-purchase price matches, but most consumers don’t bother to watch the prices fluctuate after they complete the checkout process. ![]() Launched in the Startup Battlefield at TechCrunch Disrupt NY 2015, Paribus’ idea was to automate the process of following up on past purchases to see if shoppers could request a refund from the online retailer. Deal terms were not disclosed, but the acquisition involves bring both the team and the technology itself to Capital One. Capital One is making another acquisition in the fintech space, this time snatching up the price tracking service Paribus, which helps online shoppers get automatic refunds when prices drop on items they purchased.
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