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Cushion raises $12m in Series A funding

San Francisco based bank and credit card fee negotiation startup raised $12m in Series A funding led by Rose Park Advisors.

"We've built a reputation for being a capital-efficient team that makes big bets, solves difficult problems and puts forward solutions that are orders of magnitude better than competing offerings," said Paul Kesserwani, founder and CEO of Cushion. "Over the past decade, we've seen e-commerce get optimized to death. It has become easier and easier to shop online, automatically apply a coupon at checkout, buy now and pay later. But paying bills, the very thing keeping the lights on, is fundamentally broken in this country. Cushion's goal is to make sure consumers never miss a bill payment ever again."

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payments