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Amount is a Chicago, Illinois-based financial technology company that provides digital banking and lending software to traditional financial institutions. The enterprise software platform enables retail banks and credit unions to rapidly digitize loan origination, credit card issuance, point-of-sale financing, and deposit account opening. The company reached a valuation exceeding $1 billion in 2021 and has raised over $240 million in total equity funding, including a $30 million round in December 2022. Amount serves financial institutions that collectively manage over $3 trillion in United States assets, with a corporate customer base that includes TD Bank, HSBC, and Barclays. The software provider receives financial backing from prominent institutional investors such as WestCap, Hanaco Ventures, and Goldman Sachs. The company was originally founded in 2020 by Al Goldstein as an independent spin-off from the consumer lending platform Avant.
Amount has raised $298.0M across 5 funding rounds.
Amount has raised $298.0M in total across 5 funding rounds.
Amount is a Chicago-based fintech that builds a unified, cloud-native digital origination and decisioning platform for banks and credit unions to open accounts and underwrite consumer and small‑business loans quickly and with embedded risk, fraud, and compliance controls[5][2]. Amount’s platform is sold as a SaaS solution to regional and community banks, large commercial banks, and credit unions and has been adopted by institutions that collectively manage trillions in assets and tens of millions of customers[5][2].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Amount packages lender‑grade origination and decisioning into a single, cloud‑first product that addresses a clear market need—speedy digital onboarding and profitable origination for banks—and its acquisition by FIS positions the technology for much wider enterprise distribution while testing how well a modular fintech can scale inside a legacy giants’ ecosystem[2][3][5].
(If you’d like, I can produce a one‑page investor/partner brief or a slide outline summarizing Amount’s go‑to‑market, technology architecture, and competitive landscape.)
Amount has raised $298.0M in total across 5 funding rounds.
Amount's investors include Acequia Capital, Album VC, Allievo Capital, Caravela Capital, Carrick Capital Partners, Craft Ventures, Forgepoint Capital, Hanaco Ventures, QED Investors, Startup Ignition Ventures, WestCap, Ariel Lambrecht.
Amount has raised $298.0M across 5 funding rounds. Most recently, it raised $30.0M Other Equity in August 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 15, 2024 | $30.0M Other Equity | ||
| Aug 1, 2024 | $30.0M Series U | Acequia Capital, Album VC, Allievo Capital, Caravela Capital, Carrick Capital Partners, Craft Ventures, Forgepoint Capital, Hanaco Ventures, QED Investors, Startup Ignition Ventures, WestCap, Ariel Lambrecht, Joao Otavio Oliverio, Justin Timberlake, Curql, Goldman Sachs | |
| May 1, 2021 | $99.0M Series D | WestCap | Acequia Capital, Album VC, Carrick Capital Partners, Craft Ventures, Forgepoint Capital, Hanaco Ventures, Startup Ignition Ventures, Justin Timberlake |
| Dec 3, 2020 | $81.0M Series C | Goldman Sachs | |
| Mar 1, 2020 | $58.0M Series B | Allievo Capital, BMW i Ventures, Caravela Capital, ENIAC Ventures, FJ Labs, Mouro Capital, QED Investors, Red Swan Ventures, Ariel Lambrecht, Joao Otavio Oliverio |