Vestwell raises USD 125m Series D funding for next-gen US savings solutions

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Vestwell, a New York-based FinTech, recently completed a USD 125 million equity round, marking a significant milestone in this year’s Series D SaaS funding landscape in the United States.

Lightspeed Venture Partners spearheaded this strategic raise, with participation from new investors Blue Owl and HarbourVest in addition to current investors Fin Capital, Primary Venture Partners, and FinTech Collective. Vestwell’s growth will be accelerated in large part by the funds. The company’s goal is to modernize the savings experience for American consumers and businesses by introducing cutting-edge products like Health Savings Accounts (HSAs) and Emergency Savings Accounts (ESAs).

These groups will transition off of out-of-date legacy platforms thanks to this initiative.

Read More: Vestwell’s $125m Series D funding paves the way for next-gen US savings solutions

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
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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