HMBradley, Inc.
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HMBradley, Inc. - overview
Established
2018
Location
Los Angeles, CA, US
Primary Industry
Financial Services
About
HMBradley, Inc. is a financial technology company focused on transforming the banking experience through innovative solutions such as high-yield savings accounts and personalized money management tools. Founded in 2018, HMBradley, Inc. is headquartered in Los Angeles, US.
The company provides banking solutions that empower users in managing finances effectively. The founders, Germain Cassiere and Zach Bruhnke, aimed to address banking challenges through technology. HMBradley raised USD 29. 81 mn in Series B funding on November 22, 2021, bringing the total amount raised to USD 29.
81 mn and the company's valuation to USD 155. 975 mn. HMBradley focuses on enhancing banking experiences through innovative financial technology. The company offers a consumer deposit program and credit card services, aimed at individuals looking to optimize their financial health with tools like high-yield savings accounts and personalized spending insights.
Recently, HMBradley shifted to collaborate with established banks to integrate their technology, expanding their impact in the financial sector. HMBradley generates revenue through its consumer deposit and credit card programs based on transaction fees and interest earned on deposits. As they transition to a technology integration model, future revenue may derive from partnerships with banks utilizing HMBradley's technology, involving revenue sharing agreements or licensing fees. With the USD 29.
81 mn raised in Series B funding, HMBradley plans to expand its technology integration efforts with established banks to enhance their financial products. The company is targeting new markets within the tech-savvy consumer demographic in the US and may consider international expansion in the future. These strategies aim to diversify revenue streams and further their mission of improving banking experiences.
Current Investors
Index Ventures, Mucker Capital, Accomplice
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.hmbradley.com
Verticals
Artificial Intelligence, FinTech, FinTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
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