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

Firenze Raises $6M to Strengthen Lombard Lending for Mass Affluent

Funding aims to enhance lending solutions for wealth management.Highlights: Firenze has raised $6 million in funding.The investment will...

Fundtech Strengthens Leadership at Payments Infrastructure Provider Otoma

Fundtech appoints a new management team to enhance Otoma's operations.Highlights: Fundtech has appointed a new management team at...

Ripple Strengthens Post-Quantum Readiness for XRP Ledger by 2028

Focus on enhancing security measures against future quantum computing threats.Highlights: Ripple plans to prepare the XRP Ledger for...

New York Suits Coinbase and Gemini Over Prediction Markets

The state targets two major crypto exchanges regarding regulatory compliance.Highlights: New York has filed lawsuits against Coinbase and...