Bee Raises Funding from AXA Strategic Ventures

cards_beeBee, a NYC-based mobile-first, in-person bank for Americans, raised funding from AXA Strategic Ventures.

The amount of the deal was not disclosed.

Launched in New York in June 2015, Bee has over 3,200 clients. They will be operating in San Francisco and Oakland this month.
The company provides accounts that allows customers to access money anytime and anywhere, use their smartphone to deposit a check, setup a direct deposit with employer or benefits provider, deposit cash at many major retailers, pay bills, mail checks and ATM locations.
Android and iOS apps are available.

The company’s card is issued by Community Federal Savings Bank, pursuant to a license by VISA U.S.A. Inc.

FinSMEs

22/12/2015

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