A while back I blogged about Billeo, and was impressed. At that time, I went off on a bit of a tangent, but I remain of the view that someone independent such as Billeo, with the right smarts, can carve off a capability that Banks cannot, because of their single Bank proprietary view.
Note they have a online shopping assistant and a password assistant, as part of their feature set now. This is beginning to look more and more like an electronic wallet … one to watch.
SANTA CLARA, Calif. – November 14, 2007 – Billeo,
Inc. today announced the closing of a $7 million Series B round of funding. ATA
Ventures led the financing, with additional contributions from all of
Billeo’s existing investors including Altos Ventures, Claremont Creek and
Pacifica Fund. The funding will be used for product development, marketing, and
scaling operations. As a principal investor, Mike Hodges, venture partner at
ATA Ventures, will join Billeo’s board of directors.
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Bankwatch 
Colin,
I justed checked website visit stats on quantcast.com for Billeo, and according to that site Billeo has only 43 thousand unique website hits per month. That is very light traffic for a national bill pay website, and reinforces my sense that people are not coming to the service in significant numbers.