Amount, which helps banks compete with fintech, raises $99M Series D

May 17, 2021 ยท 1 min read
Amount, which helps banks compete with fintech, raises $99M Series D
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Amount is a company that helps tech illiterate banks go online, often in a matter of months. This is especially important as people ditched legacy finances during the pandemic.

Just five months after Amount raised $86 million with Goldman Sachs Growth, they beat that in a Series D at $99 million.

According to TechCruch:

Amount, a company that provides technology to banks and financial institutions, has raised $99 million in a Series D funding round at a valuation of just over $1 billion.

WestCap, a growth equity firm founded by ex-Airbnb and Blackstone CFO Laurence Tosi, led the round. Hanaco Ventures, Goldman Sachs, Invus Opportunities and Barclays Principal Investments also participated.

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