Fintech Startup Pillar Raises $16.9M Pre-Seed Led By Global Founders Capital And Backed Vc
04/21/22, 11:28 AM
Money raised
$16.9 million
Round Type
pre-seed
Immigrants to a new country can often be cash-rich. The problem is, is that they have no credit history in their new country. Plus, a consumer cannot take their credit file from one country to another. Furthermore, credit bureaus are rarely coordinated or joined up across countries
Company Info
Additional Info
The company claims it will be able to provide immigrants with access to credit products when moving to a new country. Founded by Revolut alumni Ashutosh Bhatt and CTO, Adam Lewis, Pillar has an Open Banking-led data and analytics engine which will be launched in Q3 in 2022. Pillar is a genuinely differentiated offering solving a big problem in the market using disruptive technologies.”