VCs Bet $40 Million On Cash App For All Those Living Paycheck To Paycheck

VCs Bet $40 Million On Cash App For All Those Living Paycheck To Paycheck

Zainab Baloch, user operations expert at fintech startup Even, talks with CEO Jon . [+] Schlossberg during the business’s Oakland head office.

Even, a technology startup that can help customers with individual budgeting, has raised $40 million in brand brand new money. Khosla Ventures led the Series B round, with Valar Ventures, Allen & business and Silicon Valley Bank additionally spending. That brings Even’s total investment to date to $52 million, and Forbes estimates the Oakland, Ca startup will achieve $20 million in revenue in 2018.

Before graduating college, Jon Schlossberg, Even’s cofounder and CEO, thought he wished to get in on the FBI as being a forensic psychologist, racking your brains on crooks’ motivations. Continue reading “VCs Bet $40 Million On Cash App For All Those Living Paycheck To Paycheck”