Introduction of us 20m seriescoldeweytechcrunch
us 20m seriescoldeweytechcrunch is a bank for the modern digital economy. We’re building the world’s first digital bank to help everyday people manage their money and avoid financial stress. We believe that financial education should be easy, accessible, and free. Our mission is to empower people to take control of their finances, so they can spend time doing the things they love and save for the future. Read More
The team at us 20m seriescoldeweytechcrunch came together last year to focus on our strategy to create a new generation of financial services. We launched in July of 2017 with a core focus on helping consumers build a savings habit and managing their cash flows. We partnered with Bank of America to develop the first bank account designed specifically for consumers focused on saving. We developed a solution that enabled consumers to earn rewards from their spending, but that also enabled them to save money.
We’re excited about our growth and look forward to expanding to new cities in 2019 and beyond. We’re looking for motivated individuals who want to be a part of a fast growing company. Join us!
About CEO of us 20m seriescoldeweytechcrunch
The company was founded in 2014 by CEO & Founder, Sean Lai. He wanted to help people spend less time worrying about their finances and more time doing the things they love. The company launched its first product called the Banked Account. It helps people to start building savings habits. This is possible because Banked Account is a direct bank account that offers people a savings plan. In order to save money, you need to put money into the account. As the money accumulates, you can withdraw the funds to make purchases. Once you have enough money in your account, you can use it to make any purchase you want. You can also withdraw the money to pay off debts, pay off rent, or pay for tuition.
Milestone of us 20m seriescoldeweytechcrunch
With $20 million dollars worth of funding, this is a big milestone for our company. In order to achieve this, we have spent a lot of time working on the platform and the technology that makes up our product. We’re now building a platform that will help our users save money and manage their cash flows. We will continue to grow, both domestically and internationally. We’ve got a great team with a lot of passion. We are always looking to bring in more talent and are actively working on attracting the best people. Learn More
Us 20m seriescoldeweytechcrunch raised $20 million in funding
We’ve been working very hard in the last year and we are excited to announce that we’ve raised $20 million in funding. That’s right, $20 million! We were fortunate enough to raise this funding from Bank of America, Edenred, and the founder of Venmo. We’re humbled to have had the opportunity to work with these incredible investors. We’ll be using this capital to continue building out our product and business to scale globally.
We are focused on building a consumer finance business in which consumers are in charge of managing their cash flows, and in which they earn rewards by spending while saving.