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