Tech Company Financing Transactions

Power Finance Funding Round

Power Finance, operating out of New York, secured $316.1 million from Anthemis Group, Fin Venture Capital and CRV.

Transaction Overview

Company Name
Announced On
9/14/2022
Transaction Type
Venture Equity
Amount
$316,100,000
Round
Undisclosed
Proceeds Purpose
The company is using the credit facility to fund the receivables of the credit card programs and using the seed funding on building its team, financial infrastructure and bank network.

Company Information

Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
169 Madison Ave 2159
New York, NY 10016
USA
Phone
Undisclosed
Email Address
Overview
We didn't just set out to change how brands do business or build loyalty -- we're reinventing global commerce from the ground up. We believe in the power of equitable financial systems. We believe in the power of owning your own infrastructure. We believe in the power of passionate brands that will change the world.
Profile
Power Finance LinkedIn Company Profile
Social Media
Power Finance Company Twitter Account
Company News
Power Finance News
Facebook
Power Finance on Facebook
YouTube
Power Finance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Randy Fernando
  Randy Fernando LinkedIn Profile  Randy Fernando Twitter Account  Randy Fernando News  Randy Fernando on Facebook
Co-Founder
Andrew Dust
  Andrew Dust LinkedIn Profile  Andrew Dust Twitter Account  Andrew Dust News  Andrew Dust on Facebook


 

 

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Prev: 9/14/2022: KolayBi venture capital transaction
Next: 9/14/2022: Claimer venture capital transaction

 

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