Forward Lending dba Method Financial has raised a $16M Series A, led by Andreessen Horowitz.
According to filings with the U.S. Securities and Exchange Commission, Forward Lending is raising $16 Million in new funding. Sources indicate as part of senior management President, Jose Bethancourt played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Forward Lending
Method Financial is an embedded banking service that allows developers to easily retrieve and pay any of their users debts including credit cards, student loans, car loans, and mortgages all through a single API. Method manages the entire data retrieval and money movement process, keeping its customers out of the flow of funds, by handling compliance requirements, identity verification, and bank partnerships. The API provides access to 15,000+ lenders in the US, covering 95% of consumer debt.
To learn more about Forward Lending, visit http://methodfi.com/
Contact:
Jose Bethancourt, President
512-500-0499
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