At the start of the year, Philadelphia-based fintech SnapRefund had yet to secure its first client, writes Ryan Mulligan for Philadelphia Business Journal.

Since then, the startup has joined an accelerator that has a less-than-two-percent acceptance rate, had its branding on a billboard in Times Square, and gained a roster of clients.

Founded by Anis Taylor and Cody Eddings four years ago, SnapRefund is currently nearing the end of the 12-week Techstars Boulder summer accelerator. Techstars’ original and flagship accelerator only has a dozen startups in its current cohort.

SnapRefund is a digital payment platform for insurance businesses. It helps streamline the claims process for both their teams and customers. The founders believe that the acclaimed accelerator has provided them with the tools that will help them ramp up growth.

The company, which is nearing the close of a pre-seed funding round, recently added its first three clients and recorded a 3,000 percent revenue spike from July to August.

“(Growth) has been exponential,” said Taylor. “Our vision, we see it happening in real time. That’s really been one of the things that’s been a pure joy with building a business, especially this year.”

Read more about how SnapRefund is bringing the blue-collar aspect of Philadelphia into the white-collar space that is fintech in the Philadelphia Business Journal.

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Cody Eddings and Anis Taylor share their advice for startups on their fundraising journey.