USA – B9, Inc., a San Francisco, CA-based payroll solution platform, aimed at promoting creditworthiness through employment data and economic behavior, raised $2.6M in Seed + funding.
The round was led by Sky Light Invest with participation from Mbanq and the founders of Wrike, a project management application. Previously, in 2021, B9 raised $5 million in seed capital from angel syndicates and angel investors.The company plans to use the funds to invest in product development, specifically to release inflation-fighting and revenue-generating features for customers who are underserved by the traditional banks stretch their paycheck to accommodate the current economic circumstances, and bring on new talent that can continually scale the platform. Led by CEO Sergio Terentev, who previously co-founded and led a NASDAQ-listed FinTech company Qiwi, B9 is a payroll solution platform that helps young workers, new-to-credit working individuals, and gig workers to help build creditworthiness out of their earning and spending patterns. The B9 app offers on-demand payroll solutions alongside a full suite of banking products, including the B9 Visa® Card, checking accounts, etc. 29/07/2022
