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Promise raises $25m in Series B funding

California based platform for consumers to pay government debt raised $25m in Series B funding led by The General Partnership.

“We have found that people struggling to pay their bills want to pay and will pay at extremely high rates if you offer them reminders, accessible payment options and flexibility. The systems are the problem — they are not designed for people who don’t always have a surplus of money in their bank accounts.”

Tags

government fees, installments, flexible payments