Fierce, a New York-based finance solution for users to earn returns across all their financial assets, raised $10M in Seed funding.
The round was led by Pendrell, AP Capital, Wheelhouse Digital Studios, Space Whale Capital, and angel investors including David Krell.
The company intends to use the funds to grow its team, and acquire more customers.
Led by Rob Cornish, Founder and CEO, Fierce offers a finance solution, including an FDIC-insured checking account with APY, stock trading with passive yield, 24/7 live customer support and a rewards credit card and crypto trading coming soon. With it, customers can get a rate, with no fees, and also have the ability to earn interest on owned stocks. Additionally, the Fierce Rewards Credit Card will launch later this year with 1.5% cash back on all spending. All interest and rewards are automatically redeemed into the user’s portfolio — there is no need to spend time managing or redeeming points.
The company is also launching with U.S.-based live 24/7 support via phone, email, or chat.
FinSMEs
09/02/2023