Los Angeles based digital challenger bank raised $50m in Series B funding led by CapitalG, Alphabet’s independent growth fund.
A traditional financial advisor will hand you a pdf of financial chores that are tedious to do once — let alone every month. At Albert, we automate your financial life. Our software builds up your savings, invests your money, helps you avoid overdrafts, lowers your bills, and automates your budget. And yes, automation works: The Fed showed that 47% of Americans cannot afford an unexpected $400 expense. After 6 months of using Albert, Genius customers have an average of about $400 saved up.
https://medium.com/albertapp/albert-raises-50m-to-improve-financial-wellness-for-all-25d4a1e37f00