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Winden raises $5.3m in Seed funding

Los Angeles based digital banking services provider for entrepreneurs raised $5.3m in Seed funding led by Accel. 

“Their challenges may look a bit different from the average brick and mortar business: cash flow is unpredictable, revenue is taxed as personal income and it’s very difficult to access capital. There are other neobanks going after more of the freelancer/gig work economy such as Found and Lili, but no one really serving solo digital entrepreneurs, which are a pretty big and fast-growing segment.”

Tags

digital entrepreneurs, neobanking, spend management