M1 Finance

The Mom Project and Forward-Thinking Companies Unite to Drive the Future of Work

Retrieved on: 
Tuesday, November 30, 2021
Trane Technologies, Coronavirus, Amazon, CEO, Workforce, Digital media, Woman, Boomi, Etsy, Riot Games, The Mynde, Education, VP, Parent, Vista, Global Brands Group, Mother, Workplace, Female, Investment, Risk, Empathy, Progress, Kellogg's, Zendesk, Synchrony, M1 Finance, Growth, Grocery store

Additional companies partnering with The Mom Project on this campaign include Boomi, Initiative Media, Logitech, Riot Games, Vista, Trane Technologies, Mynd, NeighborSchools, Workato, Accelerated Digital Media, Zendesk, Kellogg's, M1 Finance and Synchrony.

Key Points: 
  • Additional companies partnering with The Mom Project on this campaign include Boomi, Initiative Media, Logitech, Riot Games, Vista, Trane Technologies, Mynd, NeighborSchools, Workato, Accelerated Digital Media, Zendesk, Kellogg's, M1 Finance and Synchrony.
  • "Now is the time to step up and The Mom Project and our company partners are doing just that through The Back to Progress campaign," said Allison Robinson, The Mom Project founder and CEO.
  • Serving over 500,000 moms and 3,000 companies through its robust suite of hiring, education and retention solutions, The Mom Project is supporting mothers in finding success on their own terms.
  • Serena Williams joined The Mom Project as a Strategic Advisor in 2020 to further mobilize the mission .

Lottery App Jackpocket Raises $120M Series D Funding To Lead Future of Mobile Gaming

Retrieved on: 
Tuesday, November 9, 2021
Associate, View, Android, IOS, Ecosystem, Human, Greenspring Associates, Powerball, Digital Currency Group, CEO, M1 Finance, Founder, Growth, Investment, Instagram, Multimedia, 2009–10 New York Islanders season, NFL, New York Racing Association, Partnership, Association, Twitter, Lane, History, Venture round, Online gambling, Video game

NEW YORK, Nov. 9, 2021 /PRNewswire/ -- Jackpocket , the leading lottery app in the U.S. to provide a secure way to order official state lottery tickets, announced today it has raised $120M in Series D funding to pioneer the future of lottery play.

Key Points: 
  • NEW YORK, Nov. 9, 2021 /PRNewswire/ -- Jackpocket , the leading lottery app in the U.S. to provide a secure way to order official state lottery tickets, announced today it has raised $120M in Series D funding to pioneer the future of lottery play.
  • "The mobile gaming and lottery industry is experiencing an exciting and unprecedented level of growth and expansion.
  • The company's Series D announcement comes on the heels of a Jackpocket user winning a $9.4M lottery prize on the app, the largest mobile gaming win in U.S. history.
  • The first licensed third-party lottery app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets.

Abound Raises $36.7 Million In Series B Financing Led By The D.E. Shaw group

Retrieved on: 
Wednesday, November 3, 2021
Commerce, Engineering, Technology, Entrepreneurship, M1 Finance, Risk management, Machine learning, Small business, GMV, Venture round, United Kingdom, Investment, CEO, Facebook, Shope, Financial services, Video game, Retail

NEW YORK, Nov. 3, 2021 /PRNewswire/ -- Abound , the leading curated wholesale marketplace connecting small business owners and independent brands, today announced the completion of a $36.7 million Series B financing round led by global investment and technology development firm the D. E. Shaw group.

Key Points: 
  • NEW YORK, Nov. 3, 2021 /PRNewswire/ -- Abound , the leading curated wholesale marketplace connecting small business owners and independent brands, today announced the completion of a $36.7 million Series B financing round led by global investment and technology development firm the D. E. Shaw group.
  • The Series B follows a $22.9M Series A, led by Left Lane Capital earlier this year, and recognizes a year of explosive growth for the company, whose year-to-date GMV is up more than four times that of 2020.
  • About Abound: Abound is the leading wholesale marketplace serving brands and retailers in the US and UK.
  • Shaw group, PointState Capital, Left Lane Capital, RiverPark Ventures, All Iron Ventures, and Red Antler.

M1 Finance Selects the Temenos Banking Cloud to Power its Finance Super App™

Retrieved on: 
Tuesday, October 26, 2021
Software, Networks, Finance, Banking, Professional Services, Technology, Mobile, Wireless, Security, Cloud, Spend, Efficiency, Technology, Temenos AG, M1 Finance, Industry, Partnership, Face, Software, Founder CEO, Appetite, Maintenance, CEO, Growth, Borrow, Bank, Cryptocurrency, Financial services

Temenos (SIX: TEMN), the banking software company, today announced that M1 Finance, the Finance Super App, has selected The Temenos Banking Cloud.

Key Points: 
  • Temenos (SIX: TEMN), the banking software company, today announced that M1 Finance, the Finance Super App, has selected The Temenos Banking Cloud.
  • For its next stage of growth, M1 is seeking to redefine financial services and move into the banking industry through collaborative efforts .
  • Temenos open cloud banking platform will serve as the foundation for M1 to launch banking services, while creating hyper-efficient cost structures.
  • Temenos open cloud banking platform will enable us to support massive growth and make wealth creation accessible to every American.

Masterworks, the Only Art Investing Platform, Becomes the Latest Unicorn

Retrieved on: 
Tuesday, October 5, 2021
MSD, Left Lane Cruiser, AUM, Partnership, Goldman Sachs, Partner (business rank), M1 Finance, Galaxy Digital, Software, Art, Galaxy, Population, Dell Technologies, Empowerment, MSD Capital, TCV, CEO, Nantucket, Growth, Family, Founder, Technology, ByteDance, Gold, Partner, Scott, Mechanics, Investment, General partnership, Miller, GLOBE, Financial services, Financial adviser, Cryptocurrency, Management, Bank

Masterworks' vision is for any investor to be able to allocate to art, just as they do with stocks and bonds.

Key Points: 
  • Masterworks' vision is for any investor to be able to allocate to art, just as they do with stocks and bonds.
  • "We are thrilled to complete our Series A with such a high-quality group of investors, including our lead investor, Left Lane Capital.
  • "We believe this model unlocks significant unmet demand, allowing access to art as an asset class for all investors.
  • The firm's investing focus is on private growth technology companies primarily in the global internet, software, consumer, and fintech industries.

Airbase becomes first spend management platform to support global spend across international subsidiaries and currencies

Retrieved on: 
Wednesday, September 15, 2021
Spend, QuickBooks, Automation, SAN, Expensify, Accounting, M1 Finance, CEO, Controller, IPO, Financial services, Retail, Bank

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire-PRWeb/ -- Airbase , the leading spend management platform for companies from founding to IPO, today announced that it has become the first spend management platform to support domestic and international subsidiaries and currencies for U.S.-headquartered businesses.

Key Points: 
  • SAN FRANCISCO, Sept. 15, 2021 /PRNewswire-PRWeb/ -- Airbase , the leading spend management platform for companies from founding to IPO, today announced that it has become the first spend management platform to support domestic and international subsidiaries and currencies for U.S.-headquartered businesses.
  • The announcement makes Airbase the only spend management platform to combine all the workflows and payments across corporate cards, bill payments, and employee reimbursements into a single platform for handling the complexities of global spend management.
  • The accelerating spend management trend has, until now, not addressed the needs of companies with one or more international subsidiaries.
  • We're so proud to be the first spend management platform to deliver on the promise of global spend management for companies from founding to IPO and beyond."

Franchise Investing Platform FranShares Files With SEC After $1.4M VC Led Round

Retrieved on: 
Wednesday, August 11, 2021
Non-fungible token, Industry, Amazon, Income, Cameo, Business Insider, Publication, CEO, McDonald's, Supercuts, Ace Hardware, ABC, Dentsu, Ownership, Wine, NYSE, Time, Zynga, Regulation, Founder CEO, M1 Finance, SEC, NASDAQ, Investment, CTO, CSO, Security (finance), Financial services, Fast food

By investing in franchise ownership, investors will realize not only equity appreciation, but also a steady stream of income from franchise operations.

Key Points: 
  • By investing in franchise ownership, investors will realize not only equity appreciation, but also a steady stream of income from franchise operations.
  • FranShares already has partnerships with over 500 franchise brands across the country that are potential investment candidates for FranShares first fund.
  • FranShares was started by Kenny Rose , Founder & CEO of Semfia Franchise Brokerage and a renowned expert on franchise investing.
  • FranShares resonated with Stuart Larkins, Founding Partner at Chicago Ventures, due to his prior experience investing in the franchise industry.

M1 Finance Announces $150M Funding Round Led by SoftBank Vision Fund 2

Retrieved on: 
Wednesday, July 14, 2021
Internet in Singapore, M1 Finance, M1, Money supply, Telecommunications, Economy

SoftBanks Vision Fund 2 led the round, with participation from existing investors.

Key Points: 
  • SoftBanks Vision Fund 2 led the round, with participation from existing investors.
  • In June, M1 launched Send Check, which allows M1 Plus clients to send physical checks from their M1 Spend Plus checking accounts.
  • Each funding round is proof and motivation that people believe in our mission of empowering financial well-being, said M1 Finance founder and CEO Brian Barnes.
  • M1 Plus is an annual $125 membership offering products and services from M1 Finance LLC and M1 Spend LLC, separate, affiliated, and wholly-owned subsidiaries of M1 Holdings Inc.

M1 Finance Raises $75 Million Series D to Help People Grow Wealth Through Long-Term Investing, Not Day Trading

Retrieved on: 
Tuesday, March 9, 2021
M1 Finance, Financial services, Economy, Bank, M1, Finance, Money supply

CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) -- M1 Finance , the Finance Super App offering automated investing, borrowing, and banking products, today announced a $75 million Series D funding round.

Key Points: 
  • CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) -- M1 Finance , the Finance Super App offering automated investing, borrowing, and banking products, today announced a $75 million Series D funding round.
  • Led by Coatue , one of the worlds largest tech-focused investment firms, the Series D round follows $45 million Series C and $33 million Series B rounds that took place October 14, 2020 and June 9, 2020, respectively.
  • Wealth is built through long-term ownership, not gambling on short-term price movements, said M1 Finance founder and CEO Brian Barnes.
  • M1 Finance, The Finance Super App, that helps people manage and grow their money with control and automation for free.

M1 Rockets to $3 Billion in Client Assets, Four Months After Hitting $2 Billion

Retrieved on: 
Thursday, January 14, 2021
M1 Finance, M1, Money supply, Telecommunications

CHICAGO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Today, M1 Finance , The Finance Super App, announced $3 billion in client assets on its platform.

Key Points: 
  • CHICAGO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Today, M1 Finance , The Finance Super App, announced $3 billion in client assets on its platform.
  • M1 previously announced $2 billion in client assets just four months ago, and $1 billion in client assets less than one year ago.This is a huge milestone in M1s mission of empowering people to improve their financial well-being.
  • The speed at which weve tripled client assets is a clear example of the trust and belief people have in our vision.
  • M1 is increasing wallet share with existing clients as they move even more money to M1 and grow their contributions.