River Financial
Latest round
- Series B
Last raised
- May 2023
Total raised
- $58M
Investors
- 16
About River Financial
Founded in 2019 and headquartered in San Francisco, US, River Financial Inc. focuses on Bitcoin services. The company was co-founded by Alexander Leishman and Andrew Benson.River Financial Inc.8% interest on cash held in Bitcoin. Their platform is designed to simplify the process of buying, managing, and utilizing Bitcoin, addressing concerns related to transaction fees and custody.River Financial Inc. generates revenue through its innovative transaction structure that focuses on direct-to-consumer sales within the cryptocurrency market. Clients can engage in transactions by utilizing the platform's zero-fee recurring buys, enabling them to purchase Bitcoin at regular intervals without incurring additional costs. The company also caters to high-net-worth clients through specialized private client services, where transactions may exceed USD 100,000. River’s interest-bearing accounts for cash held in Bitcoin provide an additional revenue stream by incentivizing clients to maintain funds within their ecosystem.In May 2023, River Financial Inc. Future products are being designed to further simplify Bitcoin transactions and enhance user experience.S. states and potential international markets by the end of 2024.
Who invested in River Financial
16 investors across 3 rounds
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Questions about River Financial
Who invested in River Financial?
River Financial has 16 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has River Financial raised?
River Financial has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did River Financial last raise money?
River Financial's most recent round on record is a Series B, in May 2023.
What does River Financial do?
Founded in 2019 and headquartered in San Francisco, US, River Financial Inc.
Where is River Financial headquartered?
River Financial is headquartered in San Francisco, US.
Which VCs invest in companies like River Financial?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at River Financial's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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