Method Financial Raises $41.5M Series B
Summary
AUSTIN, TX, Method Financial, a first-of-its-kind provider of consumer permissioned financial connectivity, raised $41.5 million in its latest Series B funding round. The round was led by Emergence Capital with participation from avra and Samsung Next, and existing investors Andreessen Horowitz, Y-Combinator and Ardent Venture Partners. This most recent fundraise brings the total funding to $60 million. Methods APIs are redefining financial connectivity with real-time, read-write, and frictionless access to all consumer liability data with integrated payment rails. Method helps lenders increase revenue by streamlining customer acquisition, improving underwriting accuracy, and increasing line utilization through balance transfers, all without user credentials.