Overwhelmed with credit cards options and obscure information, four young co-founders started , which just released a new product to help users manage their finances and maximize rewards.
Co-founder, Mingchung Xia, a third-year computer science student at the University of 蓝莓视频 and his high school friends, Krish Kodali, Luke Wang and Nathan Chao, created a smart digital wallet that recommends the best card to use at every payment and provides personalized card suggestions, like Apple Pay but with more advanced features.
In the newest update, people can upload their memberships, loyalties and gift cards to further enhance their transactions and discover the cards that community members trust in Eclipse's social space. 鈥淥ur goal is to help people easily manage, understand and use their credit cards,鈥 Xia says. The group came up with this idea based on their own financial experience.
鈥淲hen we turned 18, we were looking into opening our first credit card, but we realized that there鈥檚 so many options. There鈥檚 so much information that's difficult to digest,鈥 he says. 鈥淲e felt it was even more difficult to manage and use a lot of credit cards. This is why we wanted to build Eclipse 鈥 to make the entire credit card process easy, not just for us, but for everyone.鈥