Author: Finextra

fintech fintech US mobile banking payments

Fintech Albert raises $100m

American mobile banking, saving and investing app Albert has raised $100 million in a Series C funding round led by General Atlantic. CapitalG, Alphabet’s independent growth fund, Portag3, and QED joined the round, which brings Albert’s total funding to date to $173 million.

Since launching in 2016, Albert has signed up more than five million users, helping them to save over $500 million through financial automation.

The company mixes this automation with a personal touch through its “Genius” team of real, human finance experts that have provided personalised advice in more than 10 million text conversations with customers.

The new funding will be used to expand the Albert team and roll out new products.

Says CEO Yinon Ravid: “We envision a world in which no one, regardless of income or net worth, has to worry about making the wrong financial decision.”

Source: Finextra

Check out our other articles here.

Recommended posts

Developing your career at PCN: Piril, Imo & Ivan

Developing your career at PCN: Piril, Imo & Ivan

Providing career development opportunities for the team has always been crucial at PCN. Here, we firmly believe that by investing in our employees’ career
ePay Summit Europe 2023

Shaping the future of ecommerce payments in Europe

ePay Europe expands into ecommerce sector for London 2023 Europe’s ecommerce industry has experienced accelerated growth over the past few years, with a steady

But first, cookies

We use cookies to improve your experience and deliver personalized content. By using this website, you agree to our Privacy Policy.
New podcast: An Interview with Tom van Wees and Roderick de Koning, CCO and CEO of Ginger Payments