San Francisco based smartphone financing startup has raised $20m of Series B funding led by Greylock Partners, with participation from USV, EchoVC, and Core Innovation.
We're building technology to help people carve a path into the financial system," Mark Heynen, the company's co-founder and chief business officer, said in an interview. Globally, 1.7 billion adults do not have a bank account, but two-thirds of them own a mobile phone which could help them access financial services, the World Bank said in a 2018 report.