Los Angeles based challenger bank HMBradley raises $3.5m seed round from Accomplice Ventures, Walkabout Ventures, Mucker Capital, Index Ventures, and angels like Max Levchin.
The company also differs from other banks in some pretty significant ways. Chiefly, it doesn’t distinguish between a checking and a savings account. Any bank account opened with the company will earn interest based on savings rate. HMBradley will also offer one-click free credit scoring and will have a network of 55,000 no-fee ATMs available for its customers through the STAR ATM network.