Is 500 Startups Fund fraud?

• Subscription Fees: Some users have reported being charged for ongoing subscriptions to 500 Startups' services or platforms, which may include access to mentoring or startup resources.
• Program Fees: Participants in accelerator programs or workshops may see charges related to program fees, which are typically outlined during the application process.
• Service Usage: Charges can occur if a customer utilizes paid services such as marketing support, legal advice, or investment consultations that are offered by 500 Startups.
• Event Registrations: Attendees of events or conferences organized by 500 Startups sometimes encounter fees related to ticket purchases or registration costs.
• Partnership Payments: Some users have mentioned being charged for partnerships or collaborations facilitated by 500 Startups that involve financial commitments.
• Access to Tools and Platforms: Charges may apply for accessing specific tools, software, or platforms made available through 500 Startups that are not free of charge.
• Refunds and Adjustments: In some cases, users may see charges resulting from refunds or adjustments in their accounts, based on transactions previously made.
• Merchandise Purchases: Charges can also stem from purchasing branded merchandise or other products offered by 500 Startups.

If you see this charge and aren’t expecting it, you have various options.

First, try to contact the 500.co via one of the support methods we listed below and inquire about the charge. See if they will refund it and cancel any associated subscriptions you might have.

If the 500.co refused to issue a refund or you cannot get in touch with the company, call your bank or financial institution and open a credit card dispute. Record screenshot evidence from your prior conversations with 500.co, and use that to open your credit card dispute. Tell your bank or credit card issuer that you do not recognize the charge and do not recall signing up for the service.

If this sounds like too much of a hassle, you can have Chargeback do it for you.

Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.

The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.

Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.

Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company’s terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.