Fundz

Lead Bank has successfully closed a $70 million Series B fundraising round, led by new investors ICONIQ and Greycroft, alongside existing backers Ribbit Capital and others.

PRIVATESep 04, 2025

Amount Raised

$70 Million

Round Type

Series B

Kansas CityFinanceFintechLendingBanking

Investors

Ribbit CapitalCoatueKhosla VenturesAndreesen HorowitzZeev VenturesIconiqGreycroft

Description

Lead Bank has closed a $70 million Series B fundraising round, increasing its post-money valuation to $1.47 billion. The round attracted both new investors like ICONIQ and Greycroft, and existing investors such as Ribbit Capital and Andreesen Horowitz. Lead Bank aims to leverage this funding to enhance its banking-as-a-service platform for fintechs. CEO Jackie Reses expressed gratitude towards all investors for their support in driving innovation in finance.

Quick answer

Lead Bank raised $70 Million in a Series B round, dated September 4, 2025. Investors: Ribbit Capital, Coatue, Khosla Ventures, Andreesen Horowitz, Zeev Ventures, Iconiq and Greycroft. Lead Bank is based in Kansas City, Missouri, United States.

How much did Lead Bank raise?
Lead Bank raised $70 Million in a Series B round on September 4, 2025.
Who invested in Lead Bank?
Ribbit Capital, Coatue, Khosla Ventures, Andreesen Horowitz, Zeev Ventures, Iconiq and Greycroft are named as investors in this round.
What does Lead Bank do?
Lead is a state-chartered bank building technology-first, compliant banking infrastructure for the world’s top fintechs.
Where is Lead Bank based and how big is it?
Lead Bank is based in Kansas City, Missouri, United States.
Who are the decision-makers at Lead Bank?
Fundz holds 1 contact at Lead Bank. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Fintech around the same time

Companies in the same sectors as Lead Bank that raised within 45 days of this round, from Fundz verified event records.

  • Oportun raised $247M on October 14, 2025.
  • Kea raised $7M (Seed) on September 3, 2025.
  • AtlasClear Holdings raised $45M on July 31, 2025.
  • QI Tech raised $63M (Series B) on July 31, 2025.
  • Atlas Financial Services raised $1.9M (Seed) on October 15, 2025.
  • Meanwhile raised $82M (Funding Round) on October 7, 2025.

Who to call at Lead Bank, and when

A new round usually means Lead Bank is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Lead Bank

Location

Kansas City, Missouri, United States

About

Lead is a state-chartered bank building technology-first, compliant banking infrastructure for the world’s top fintechs. Its banking-as-a-service (BaaS) platform delivers programmable products designed for direct integration into transaction workflows—enabling fintechs, consumer, and digital asset companies to scale with compliance and creativity. With decades of experience navigating complex regulations and developing modern banking technology, Lead supports partners in bringing innovative financial solutions to market. In addition to its BaaS platform, the company offers full-service business and personal banking to clients across the U.S.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Lead Bank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.