Banked Raises $20M Series A Led By Bank Of America And Edenred For Us Expansion
Amount Raised
$20 Million
Round Type
Series A
Description
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
Quick answer
Banked raised $20 Million in a Series A round, dated February 14, 2022.
- How much did Banked raise?
- Banked raised $20 Million in a Series A round on February 14, 2022.
- What does Banked do?
- Banked is a FinTech startup that offers an alternative to card schemes.
- Who are the decision-makers at Banked?
- Fundz holds 1 contact at Banked, including the CEO and Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Financial Services around the same time
Companies in the same sectors as Banked that raised within 45 days of this round, from Fundz verified event records.
- PrimaryBid raised $190M on February 21, 2022.
- Tonik raised $131M (Series B) on February 9, 2022.
- Entelligent Inc. raised an undisclosed amount (Series A) on February 3, 2022.
- Entelligent Inc. raised $5.7M on January 26, 2022.
- Entelligent Inc. raised $2.5M (Seed) on January 25, 2022.
- Eh Group raised $5.3M (Funding Round) on January 13, 2022.
Who to call at Banked, and when
A new round usually means Banked is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Banked raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Banked, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Banked. With Fundz connected, it knows.
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Fundz sees it the moment Banked raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansBanked raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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