PerkStreet Financial, a Boston, MA-based online financial services company offering checking account rewards, has closed a $9m second round of funding led by Globespan Capital Partners.
The company intends to use the funds to expand its offerings, its community and its set of online tools to identify additional ways to save and reach financial goals faster.
Launched in late 2009 by CEO Dan O’Malley, PerkStreet PerkStreet offers a checking account with high rewards and access to a large network of FREE ATMs across the country. According to the company, it can offer higher rewards to its customers by saving money that the banks usually spend on building and maintaining branches.
Globespan Capital Partners joined existing investor Highland Capital Partners.