Finicity

Finicity

A company offering a suite of APIs for developers working with financial management, payment, and credit software.

Finicity is a company offering a suite of APIs for developers working with financial management, payment, and credit software that is headquartered in Salt Lake City, Utah and was founded in 1999 by Nicholas Thomas, Steven Smith, and Warren Rosner.

The company's APIs allow developers to access financial data, verify account details, and improve borrower insights. The APIs are made for developing experiences for personal finance management, wealth management, expense reporting, loan analysis, tax management, and banking.

Funding

Seed

On January 15, 2008 Finicity announced raising $8.9 million in seed funding from undisclosed investors.

Series B

On December 7, 2016 Finicity announced raising $42 million in series B funding from Experian and Bridge Bank. The company plans on using their sereis B funding to hire more engineers, hire more support team workers, and accelerate the development of new solutions using their data aggregation platform.

Series C

On July 28, 2018 Finicity announced raising $29 million in funding from undisclosed investors.

Timeline

November 20, 2020

Finicity is acquired by Mastercard.

June 23, 2020

Mastercard enters into an agreement to acquire Finicity.

July 28, 2018

Series C

On July 28, 2018 Finicity announced raising $29 million in funding from undisclosed investors.

December 7, 2016

Series B

On December 7, 2016 Finicity announced raising $42 million in series B funding from Experian and Bridge Bank. The company plans on using their sereis B funding to hire more engineers, hire more support team workers, and accelerate the development of new solutions using their data aggregation platform.

January 15, 2008

Seed

On January 15, 2008 Finicity announced raising $8.9 million in seed funding from undisclosed investors.

1999

Founding

Fincity was founded by Nicholas Thomas, Steven Smith, and Warren Rosner.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Finicity Series B round, December 2016
42,000,000
December 7, 2016
4 Results
Results per page:
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People

Name
Role
LinkedIn

Vikas Singh

Employee

Further reading

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Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Samantha Hurst
November 20, 2020
Crowdfund Insider
Click HERE to find out ⭐ Mastercard Completes Acquisition of Finicity. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
FinSMEs
November 16, 2020
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Natasha Mascarenhas
November 16, 2020
TechCrunch
Federal regulators have approved Mastercard's acquisition of Salt Lake City-based startup Finicity, which provides open-banking APIs. The deal is expected to go for $825 million. "We were notified that the Department of Justice completed its review of our planned acquisition of Finicity and has cleared it to move forward," Mastercard wrote in a statement. "We [...]
June 23, 2020
WebWire
, , , , • Strengthens existing open banking capabilities with Finicity's proven technology and talent, , • Enhances collaboration and co-creation efforts with fintechs and financial institution, , • Furthers commitment to consumer-centric data protection and practices , , , , , , Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finic...
Samantha Hurst
June 23, 2020
Crowdfund Insider
Click HERE to find out ⭐ Mastercard Acquires Finicity, an Open Banking and Data Fintech. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

References

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