5 years ago

Teller Secures $4 Million Seed Funding to Expand Operations

  • Teller, a San Francisco and London-based provider of API for bank accounts, raised $4 million in seed funding

  • Backers included Lightspeed Venture Partners, Founders Fund, and SciFi

  • The company intends to use the funds to expand operations and establish in the USA

  • Teller provides APIs that allow developers to connect their app to every bank, verify account details, move money, make payments, view transactions, and more.

      • ProblemFinancial Services

      "It's a real pain to connect to different banks and manage accounts when building a financial app. It's slow, expensive, and complex."

      Solution

      "Teller's API makes it super easy for developers to connect to any bank in the UK. It's like a universal translator for bank accounts, making it simple to move money, verify details, and manage transactions."

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