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Cogni, The First Lifestyle-Focused Digital Bank, Launches With $23 Million Series A From Top Investors

Apr 26, 2022•over 3 years ago

Amount Raised

$23 Million

Round Type

series a

Description

Cogni, a digital banking platform aimed at enhancing consumer lifestyles, announces today its $23 million Series A funding round, bringing a new wave of digital banking innovations to consumers who want to modernize their personal finance options. The strategic round was led by Hanwha Asset Management and CaplinFO with participation from Solana Ventures, FTX Ventures, Ship Capital, Thirty Five Ventures, ROK Capital, Bluewatch Ventures, and Alsara Investment Group. Cogni will use the funds to continue to build the core Cogni technology and infrastructure, gain new users on the platform, expand its suite of products and hire new talent.

Company Information

Company

Cogni

About

Cogni is a leading lifestyle-focused digital banking platform founded in 2018. We give members zero-fee banking, access to 55,000 free ATMs worldwide, single-use cards, and access to discounted gift cards. Cogni also allows users to track carbon emissions on each transaction. Cogni aims to bridge the gap between Web2 and Web3 services by building a fully compliant, digital banking experience for mainstream user adoption with unique features. Cogni is headquartered in New York City, with a second office in San Francisco. Its investors include Hanwha Asset Management, CXO Fund, FTX Ventures, Solana Capital, ROK Capital, 35 Ventures, Bluewatch ventures, World Quant, Hard Yakka and other well-known angel investors and venture capital firms. To learn more about us, visit http://getcogni.com or download our app on the App Store or Google Play.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech