Ando: Raises $6M in Seed Funding

Ando Raises $6M in Seed Funding

  • Ando, a San Diego, CA-based sustainable banking service, raised $6m in seed funding
  • The round was led by TTV Capital with participation from HOF Capital, Kinetic Ventures and NNS Group
  • The company intends to use the funds to continue to expand operations and its business reach
  • The company is a is a Certified B Corp. banking service that uses customer deposits to fund solar initiatives and other carbon-reducing projects
  • Users enjoy a full suite of banking features, including security, FDIC protection, bonuses for referring friends, free overdraft protection and the opportunity to get paid up to two days early
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

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...