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Banked Raises $20M Series A Led By Bank Of America And Edenred For Us Expansion

Banked Raises $20M Series A Led By Bank Of America And Edenred For Us Expansion

02/14/22, 12:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpalo alto
Money raised
$20 million
Industry
sustainability
lending and investments
financial services
mobile
Round Type
series a
Banked is a FinTech startup that offers an alternative to card schemes. Consumers are able to pay without entering financial data, no need to create an account, no financial details are shared, authorization is biometric, and the merchant receives the funds in real-time. Businesses use it to drive customer engagement and loyalty with incentives and rewards embedded inside the payment process. It also claims its fees are up to 90% lower than the traditional payment methods

Company Info

Company
Banked
Location
palo alto, california, united states
Additional Info
Banked powers real-time payments for consumers, businesses and banks, improving the customer experience, payment security, business efficiency and cost effectiveness - a better way to take payments and make payments.

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