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Marketplace for transparent and mission-aligned banking

Marketplace for transparent and mission-aligned banking

Banks are scoring historically low in consumer confidence (>50% don’t trust banks) and are rarely transparent about the industries they finance. Furthermore, banks are not differentiated and are struggling to attract or retain new customers in the advent of a majority digital customer base (>67% use online banking only). Millennial consumers are further accentuating this problem with their social, environmental, community and mission-driven mindset (>66% of Millennials want products that align with their values).

As a solution, we have developed a 1st of its kind whole-lifecycle digital banking experience that enables customers to open FDIC-insured accounts and earn competitive interest while supporting the values and missions they care about with their deposits. Finsophy’s solution also helps partner banks differentiate and grow their core deposits base.
Valuation

$2M

Funded over

1 round

Latest round

Closed (Jun 2017)

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