# Pier Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pier-finance

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.pier-finance.com/
- Total disclosed funding: $2.4M
- Latest round: Seed (Jan 11, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2023 by its CEO, Jessica Zhang, and CTO, Alex Hegevall, Pier Finance, Inc., operates as a financial technology company that provides an application integration platform for businesses to launch and automate credit products with just a few lines of code. In January 2024, Pier Finance, Inc. raised USD 2.4 million in seed funding from Liquid 2 Ventures, Horizon Ventures, with participation from returning investor Y Combinator and other unspecified investors.

The company offers application integration tools used to help companies build and offer their own credit products. The platform is designed to empower businesses to offer credit-builder loans, buy now, pay later (BNPL) services, merchant advances, and personal loans.

Pier empowers small and medium-sized businesses (SMBs) on platforms with flexible payment terms for sustainable growth and provides solutions for state licencing, compliance management, education, and training.

## Funding rounds

- Seed, Jan 11, 2024, $2.4M — Horizon Founders Capital, Y Combinator, Liquid 2 Ventures

## Investors

- Horizon Founders Capital (https://capitalatlas.ai/funds/horizon-founders-capital) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed