March Capital Partners Backs Activehours In New Funding

Santa Monica-based March Capital Partners has joined in another funding round for Palo Alto-based Activehours, as part of a $39M funding. Activehours said the new, $39M investment round was led by Andreessen Horowitz, and also included Matrix Partners, Ribbit Capital and March Capital Partners. Activehours offers up a mobile-app driven service which lets people access their paychecks, even before those paychecks are deposited in their account. The company says its service helps people to have more financial control to pay their bills on time and avoid late and overdraft fees.