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Amount raises $81m in Series C funding

Chicago based API framework for retail banks raised $81m in Series C funding at a $600 million pre-money valuation led by Goldman Sachs. 

“Most banks are looking for resources and infrastructure to accelerate their digital strategy and meet the demands of today’s consumer,” said Jade Mandel, a vice president in Goldman Sachs’ growth equity platform, GS Growth, who will be joining the board of directors at Amount, in a statement. “Amount enables banks to navigate digital transformation through its modular and mobile-first platform for financial products. We’re excited to partner with the team as they take on this compelling market opportunity.”

Tags

banking, apis, digital banking