Swell Financial: Raises $10M in Series A Funding

Swell Financial Raises $10M in Series A Funding

  • Swell Financial, a Boulder, CO-based fintech company, raised $10M in Series A funding
  • The round was led by Park Cities Asset Management, LLC with participation from Elevate Credit and Central Pacific Financial Corp
  • The company intends to use the funds to build a consumer line of credit that helps people manage cash flow and tackle debt
  • Swell is the developer of the Swell App, which includes several features to help customers automatically control spending, tackle debt, and invest in exclusive private market opportunities
  • The Swell App will be available to consumers in the Summer, 2022
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.

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