What is B9?
B9 operates within the burgeoning fintech landscape, offering innovative payroll solutions that aim to bridge the credit gap for underserved populations. By integrating credit-building mechanisms into payroll processes, B9 addresses a critical need for financial inclusion, positioning itself as a key player in empowering underbanked individuals and communities.
How much funding has B9 raised?
B9 has raised a total of $9.3M across 2 funding rounds:
Other Financing Round
$1.7M
Angel/Seed
$7.6M
Other Financing Round (2021): $1.7M, investors not publicly disclosed
Angel/Seed (2022): $7.6M led by Mbanq and Sky Light Invest
Key Investors in B9
Mbanq
Mbanq CUSO is a provider of Credit Union as a service, offering a comprehensive financial services ecosystem including advanced digital financial solutions, legislative, anti-money laundering, and risk management support, alongside customizable digital apps.
What's next for B9?
The recent major strategic investment signals a pivotal moment for B9, likely enabling the company to accelerate its product development, expand its market reach, and enhance its service offerings. This capital infusion is expected to fuel B9's mission to promote financial wellness and credit accessibility, potentially leading to further scaling and strategic partnerships within the financial services industry.
See full B9 company page
