Highline Technologies, a Dallas, TX-based provider of a payments platform that enables payroll-linked lending and billpay, raised $13M in Series A funding.
The round was led by Jump Capital, Costanoa Ventures, and Foundation Capital.
The company intends to use the funds to continue its growth path, including additions to staff, more strategic partnership opportunities and expanded market adoption of its products and services.
Led by CEO Geoff Brown, Highline is a payments platform that automates bill payments directly from payroll. The solution enables consumer lenders to improve portfolio performance, allowing them to expand approvals, reach more potential customers and grow revenue while reducing risk. Additionally, the company extends payroll-linked lending to any asset class, where historically it was limited to only personal loans.
FinSMEs
22/08/2022