Argyle, a NYC-based provider of direct-source income and employment data, raised $30M in funding.
The round, which brought total funding raised to date to over $100M since inception, was led by Rockefeller Asset Management’s Fintech Innovation Fund, with participation from Bain Capital Ventures, SignalFire, and Checkr.
The company intends to use the funds to further enhance the adoption and expansion of its automated income and employment verification platform.
Led by Shmulik Fishman, CEO and Founder, Argyle is a provider of direct-source access to real-time income and employment data. With it, companies automate critical workflows—including income and employment verifications, deposit switches, wage advances and loan repayments—so they can build efficient processes, reduce risk and scale their business. The company serves the mortgage, background check, personal lending and banking industries as well as the gig economy.
Commenting on the news, Shmulik Fishman said: “Our verticalized approach and direct-source model has provided accurate data and an enhanced consumer experience for our customers. With this capital from our valued investors, we will continue to tailor our solutions to priority verticals while improving the verification experience for the next wave of prospective customers that can benefit from our services.”
FinSMEs
05/03/2024
