Albert: Raises $100M Series C Funding

  • Albert, a Los Angeles, CA-based personal finance company, raised a $100M Series C funding
  • The round was led by General Atlantic, with participation from others including CapitalG
  • The company also intends to use the funds to continue to expand operations ans its business reach
  • Albert is a personal finance company that gives access to financial advisors, and also deliver holistic advice by combining the human guidance with automation
  • Users can text Albert for any financial decision, goal or need, including saving, budgeting, paying off debt, insurance, investing, and spending
  • It has over 5 million registered users
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...

ABN AMRO Expands Access to Crypto Investments

The bank now offers clients direct access to cryptocurrency.Highlights: ABN AMRO now allows clients to invest in cryptocurrency...