Daily News: May 1, 2015

SaaS Capital Provides inDinero Credit Line

SaaS Capital announced it provided a line of credit to inDinero.

“inDinero is growing lightning fast and we wanted to throw fuel on the fire by raising additional capital. We didn’t want to raise a traditional VC round, and SaaS Capital gave us an awesome alternative,” said Jessica Mah Founder and CEO of inDinero. “We are getting a good chunk of capital from them and we are excited about working with a team that understands SaaS businesses better than anyone else.”

San Francisco-based inDinero provides startups and small businesses with unlimited, flat-fee accounting, tax and payroll services backed by the most owner-friendly software in the industry.