Amount

Amount

Enabling financial institutions to provide secure, mobile-first experiences for a variety of products.

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$30.0m

Valuation: $1.1b

Late VC
Total Funding000k
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Amount is a fintech company that provides a SaaS platform for financial institutions to modernize their systems. The platform automates and streamlines the process of digital account opening and loan origination for consumers and small businesses.

Amount's platform is designed to help banks and credit unions accelerate their digital transformation. It offers an all-in-one solution that simplifies the application process with a fully digital experience. The platform also includes features for decisioning, which helps lenders make faster and more accurate credit decisions. By using Amount's technology, financial institutions can launch new digital products in months, rather than years.

The company's business model is based on providing its technology as a service to financial institutions. Amount's clients are primarily banks and credit unions that are looking to improve their digital offerings and compete with newer, more agile fintech companies. The market it operates in is the rapidly growing digital banking and lending space.

Keywords: digital lending, account opening, financial institutions, SaaS, loan origination, credit decisioning, retail banking, point-of-sale, fintech, digital transformation

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Investments by Amount

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ACQUISITION by Amount Feb 2022