One, a San Francisco, CA-based new digital banking service, raised $17M in Series A financing.
The round, which brought total funding raised to date to $26m, was led by Foundation Capital, Core Innovation Capital, and Obvious Ventures.
The company intends to use the funds to scale its services to more customers ahead of a public launch this summer.
Co-founded by Chairman Bill Harris, who is the former CEO of Intuit, the founding CEO of PayPal and founder and former CEO of Personal Capital; and CEO Brian Hamilton, who is the founding CEO of Azlo, co-founder of PushPoint, a company acquired by Capital One, and a former SVP at Capital One, One is launching a new digital banking service which will allow middle-class American families to maximize their paychecks. making it easy to save, spend and borrow money. The company is opening up early access to its private beta.
Source. FinSMEs, March 17, 2020
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This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian & American VCs, PEs, Angels, Family Offices, Endowments/Trusts, and startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.
Are you a Canadian or American GP/LP/CI or an American or Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.
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