Amount Raises $99M at a $1B+ Valuation to Help Banks Better Compete With Fintechs

TechCrunch

Amount , a company that provides technology to banks and financial institutions, has raised $99 million in a Series D funding round at a valuation of just over $1 billion… So, what kind of technology does Amount provide?  In simple terms, Amount’s mission is to help financial institutions “go digital in months — not years” and thus, better compete with fintech rivals. The company formed just before the pandemic hit. But as we have all seen, demand for the type of technology Amount has developed has only increased exponentially this year and last.”