I must say, PartnerUp seems to abound with Nigerian 419 scammers. If you are not familiar with Nigerian 419 scams, you should Google the term. I was contacted today by one wanting to pitch financing for my venture. His post opened with "Hello Dear" which is the classic Nigerian 419 scam email greeting. They do not realize that U.S. Business professionals would never great one another with a term of endearment.
Then I noticed this same person posted a barrage of topics on PartnerUp in the last 24 hours as both an investor and as several businesses needing funding.
I have been contacted by others who I am fairly certain are also Nigerian 419 scammers working PartnerUp.
The bottom line: do not ever agree to open a bank account and then send your personal credentials to anyone questionable on PartnerUp. Do not ever pay an upfront fee to anyone on PartnerUp. Beware off offshore "lenders" who could be posing as U.S. lenders as their applications may be just for the purpose of stealing your identity, account numbers, social security number, etc.
In short, if you cannot verify who the investor or lender is by verifying licensing with NASD and state corporations and securities regulators, I wouldn't touch it!
Aren't there any Moderators watching over PartnerUp topics? It's a great concept but those who have great ideas but lack experience with the way legitimate investors and lenders work, may get hurt here!
Watch out for those wolves in sheep's clothing! If it sounds to good to be true--it likely is!