Method Financial just wrapped up a big $41.5 million Series B funding round led by Emergence Capital, with help from avra, Samsung Next, and longtime supporters like Andreessen Horowitz, Y-Combinator, and Ardent Venture Partners, bumping their total funding to $60 million. Method has already made a name for itself by making it easier for lenders and fintechs to see and act on real-time consumer debt information through powerful, read-write APIs. With more than 60 fintech and lending clients—including big names like SoFi, Figure, and Bilt Rewards—Method has helped facilitate over $500 million in liability repayments and has powered 30 million passwordless account connections for 4 million consumers. The buzz around its seamless card-connection feature has been growing, too: for instance, 2 million Bilt Rewards users have already linked 10 million credit cards in a matter of seconds, earning rewards without the usual hassle. According to supporters like Emergence Capital, Method’s easy, identity-based authentication is a game-changer for financial platforms, allowing them to deliver more personalized, frictionless services and giving people the real-time data they need to make smarter money moves. CEO and co-founder Jose Bethancourt says the fresh funding will fuel more end-to-end refinance automation, support new use cases from card linking to retail and travel, and deepen Method’s partnerships with banks and credit card networks, all with an eye toward helping people save on fees and interest while giving fintechs the tools to engage their users in more meaningful, rewarding ways.
The new capital is also set to supercharge Method’s Card Connect solution, which has proved remarkably flexible in letting companies integrate real-time transaction data and liability payments into their apps and websites. With this expanded war chest, the team plans to keep bridging gaps across the financial landscape by offering near-instant account authentication and payments—no usernames or passwords needed—and by continuing to upgrade the user experience for people wanting better insights into their debts, spending, and credit card rewards. Investors, from Emergence Capital to avra, say they’re on board precisely because Method is unlocking new levels of efficiency and transparency. And as the company continues growing, it’s clear that many more lenders and fintech partners will look to Method for frictionless ways to refinance loans, personalize offers, pay down debt, and ultimately help people stay on top of their finances without the headache of outdated logins or scattered account details.
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