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VC-funded Company:

Zero
230 California St, Suite 500
San Francisco, CA 94111
https://zerofinancial.com/

Zero wants to replace your bank. Serving initial customers this year, with increased capacity in 2018, Zero is launching the first banking experience that combines debit-style functionality with credit card rewards. Zero is powered by a mobile app and Zerocard, a Visa card that comes in four levels with varying rewards. The highest level card, Zerocard Carbon, gives customers unlimited cash back at a flat 3.0% rate on all spending regardless of category. Zero customers also earn a high annual percentage on their average daily net balance, competitive with the best interest rates on deposits paid by leading banks. Zero also eliminates all of the most annoying fees charged by traditional banks. Other features will include an Intelligent Advisor that forecasts balances, no ATM fees at more than 50,000 locations, and customer support via in-app live chat.

Key Contact
Name
Bryce Galen
Title
CEO
E-Mail
Funding Events

Date
Amount
Type
Investors
Valuation
10/23/17 $8,500,000 Eniac Ventures
Lightbank
Middleland Capital
Nyca Partners
undisclosed
11/20/18 $16,000,000 Eniac Ventures
New Enterprise Associates
Nyca Partners
Silicon Valley Bank
undisclosed
05/28/19 $20,000,000 Series A New Enterprise Associates
undisclosed