Fizz Raises $14.4M in Seed Funding


Fizz, a NYC-based provider of a credit-building debit card for students, raised $14.4M in Seed funding.

The round was led by Kleiner Perkins.

The company intends to use the funds to scale its team and build out additional product lines, as well as invest in marketing and sales to build awareness at more colleges and universities.

Founded by Carlo Kobe and Scott Smith, Fizz provides credit-building debit card for students with an innovative, proactive AI budgeting solution at its core. It also offers engaging, gamified financial literacy courses presented in a fun and interactive quiz format. The company partners directly with Lead Bank, the Kansas City bank acquired by billionaire former Block executive Jacqueline Reses in 2022.