Power Finance
Latest round
- Seed
Last raised
- Sep 2022
Total raised
- $16M
Investors
- 6
About Power Finance
Based in New York, US, and founded by Randy Fernando (CEO), and Andrew Dust, Power Finance Inc. is a fintech infrastructure startup that provides a cloud-native service that enables banks, businesses, and brands to integrate existing mobile and online applications with tailored credit card programs, targeted promotions, and personalized rewards. In January 2023, Marqeta agreed to acquire Power Finance Inc. The transaction is expected to close in the first quarter of 2023. The company provides white-labeled, customized mobile SDKs (Software Development Kits) to assist businesses in launching consumer cards, business cards, and bank programs. From testing through card launch, the company offers a comprehensive platform that considers elements like customer experience, application decisions, transaction processing, setting up KYC, and underwriting decision flows, among other things.
Who invested in Power Finance
6 investors across 1 round
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Funding rounds
Seed
Sep 14, 2022
Amount
$16M
Investors
Questions about Power Finance
Who invested in Power Finance?
Power Finance has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Power Finance raised?
Power Finance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Power Finance last raise money?
Power Finance's most recent round on record is a Seed, in Sep 2022.
What does Power Finance do?
Based in New York, US, and founded by Randy Fernando (CEO), and Andrew Dust, Power Finance Inc.
Where is Power Finance headquartered?
Power Finance is headquartered in New York, US.
Which VCs invest in companies like Power Finance?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at Power Finance's stage. Their profiles are linked below.
VCs backing business support services startups at Seed
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