Method gets USD 16 million to help FinTech apps with loan payments, balance transfers, and more.


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Method, a startup that aims to make it simpler for FinTech developers to integrate bill pay automation, repayment, and balance transfers into their apps, has announced that it closed a USD 16 million Series A funding round, which was led by Andreessen Horowitz.

Truist Ventures, Y Combinator (Method is a Y Combinator graduate), Abstract Ventures, SV Angel, and other investors also participated. Mit Shah, a co-founder, says the additional funding will go toward product development and increasing the company’s workforce from eight to 28 by the end of the year.

After two of the company’s co-founders, Jose Bethancourt and Marco del Carmen, personally encountered the challenges of integrating debt repayment into their prior business, GradJoy, Method was founded in 2021.

Read More: Method raises $16M to power loan repayment, balance transfers and more across fintech apps

TalkFintech Bureau
TalkFintech Bureau
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.


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