May 31, 2020

One Financial – $17 Million

03/17/2020

Amount Funded: $17 Million

Type: Series A

Lead Investor: Foundation Capital, Core Innovation Capital, Obvious Ventures

Total Funding to Date: $26 Million

Company Description: One was built to help everyday people and their loved ones make the most out of the money they earn. With a single account that unifies saving, spending, borrowing and sharing in one place, One helps people save more, spend less and gain control of their finances

What funding will be used for:  Scaling services to more customers as service launches publicly this summer. 

Quotes:

“There’s a gap in the market that’s not being met. Traditional banks cater mostly to affluent customers and new digital banks target younger individuals with simpler financial needs. Middle-class American families are being left out, and we built One specifically for them. One will combine the technology and convenience of challenger banks with a full-suite of products that traditional banks offer.”

-Bill Harris, founder, One Financial 

Notes:

Data provided by respective company (unless otherwise noted) and researched by StartupsOne for accuracy.

 

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