US Fintech Company Closes $3.8M

If you go and check different lists of the most lucrative and profitable sectors for investments, the one name that would be common is – Fintech. Why? Well, you understand this with a simple convention that monetary transactions are something that everyone would need irrespective of what the economic condition is at the time. The fintech sector has made itself recession proof and in turn investment friendly.

When the founder  came to us he was looking for series A fundraising support. They had an exceptional business model in place and a market which was ready for their services. All they needed was an outstanding pitch that would intrigue the potential investors. This is where the Marquee Equity team stepped in.

“When the company reached out to us, they were looking for series A fundraising support. They wanted to spark conversations with potential investors and raise capital for their business. We were more than happy to help and helped with this and more.”

– Ash Narain, CMO, Marquee Equity

Digital transformation has accelerated the growth of the U.S. fintech industry. Changes can also be attributed mainly to the rapid change in consumer behavior and new emerging patterns set by the clear will of cash-less and contact-less activities. Let us walk you through some facts and numbers:

• The share of the population using digital banking in the United States is set to rise to 65.3% by the end of 2022 from 61% in 2018.
• Just 14% of the banks halfway or more through their digital transformation efforts have deployed machine learning tools to date.
• The digital transformation market is expected to reach $3.3 trillion by 2025, at a CAGR of 23%.

As you can see, the fintech market in the United States achieved a new high which made the fundraising process slightly easier.