Lead Bank Closes Series B Fundraising Round
7 Articles
7 Articles
Lead Bank Secures $70M Series B Backed by A16z, Ribbit Capital and Others
Quick take: The Series B round was completed at a post-money valuation of $1.47 billion, according to a blog post on the Bank’s website. Jackie Reses, CEO of Lead Bank, led the current management team’s acquisition of the bank in 2022 for $56 million. The Kansas City, Missouri-based community bank offers a banking-as-a-service platform focused on the fintech and digital asset sectors. Lead Bank has raised $70 million in a Series B round backed…
a16z-Backed Lead Bank Raises $70M Series B as Crypto Banking Infrastructure Demand Surges
Lead Bank closed a $70 million Series B funding round, reaching a $1.47 billion valuation as demand grows for compliant banking infrastructure serving cryptocurrency and fintech companies navigating complex regulatory requirements.The Kansas City-based bank attracted new investors ICONIQ and Greycroft alongside existing backers Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures, Lead said in a statement on Thursday. …
Lead Bank Raises $70 Million to Grow BaaS Platform
Lead Bank raised $70 million in a Series B funding round that brought its post-money valuation to $1.47 billion. The company is a state-chartered bank, offers a banking-as-a-service (BaaS) platform for FinTechs and digital asset companies, and provides full-service business and personal banking to clients across the U.S., according to a Thursday (Sept. 4) press release. In the release, Lead Bank said it became a strategic banking partn…
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