Tue.Nov 24, 2020

article thumbnail

HMBradley raises $18.25 million planting a flag as LA’s entrant into the challenger bank business

TechCrunch LA

With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a novel twist on the banking business. Unlike most banking startups that woo customers with easy credit and savvy online user interfaces, HMBradley is pitching a better savings account.

article thumbnail

Credit Key Gets $33.85M

socalTECH

Los Angeles-based Credit Key , a startup which helps e-commerce merchants offer up instant point-of-sale financing to customers, has raised $33.85M in its Series A funding. The funding came from Greycroft, Bonfire Ventures, Loeb.nyc, and other investors. The startup--led by startup veteran John Tomich--integrates with e-commerce payment systems, appearing as a payment option at checkout.

Commerce 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Quid Connects With $320M For Private Liquidity Fund

socalTECH

Santa Monica-based Quid , which offers up a way for private company employees to gain liquidity even before their startups are purchased or have an initial public offering, said on Monday that it has raised $320M in a second fund. According to the company, the new fund will go to provide liquidity and option exercise loans for private company employes.

Funding 113
article thumbnail

Morse Micro Connects With $13M More

socalTECH

Irvine, California- and Sydney, Australia-based Morse Micro , which is developing Wi-Fi chips aimed for use in Internet of Things (IoT), has raised $13M more in a funding round, the company said very late Monday evening. The startup said the funding came from Blackbird Ventures, Main Sequence Ventures, Clean Energy Innovation Fund, Skip Capital, and Ray Stata.

Funding 113
article thumbnail

Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

article thumbnail

HMBradley Earns $18.25M For Online Banking Service

socalTECH

Los Angeles-based fintech startup HMBradley , which offers up online, digital bank accounts which pay interest based not on a user's balance, but on what percentage of their direct deposits they are saving, has raised $18.25M in a Series A funding. The funding was led by Acrew Capital. The company offers up 3 percent APY for depositors who save at least 20% of their direct deposits to the bank, down to just 0.5% for those saving 5%.

Services 113
article thumbnail

WELL Health Gets $45M

socalTECH

Santa Barbara-based WELL Health , a startup which offers up patient communications tools to healthcare providers, payers, and others, has raised $45M more in a SEries C funding round, the company said this week. The funding was led by Lead Edge Capital, and also included Martin Ventures, the healthcare-focused venture capital firm founded by executive, investor, and entrepreneur, Charlie Martin, and existing investors Jackson Square Ventures, Health Velocity Capital, Summation Health Ventures, S