True Hyperlink Monetary, a U.S.-based fintech that’s centered on monetary companies amongst senior residents, individuals with disabilities, and recovered addicts, introduced on Tuesday it secured $35 million by means of its Sequence B funding spherical, which was led by Khosla Ventures and Centana Progress Companions.
Based in 2012, True Hyperlink said its mission is to extend the independence and well-being of susceptible older adults, individuals with disabilities, and people recovering from dependancy.
“All of True Link’s customers face risks that undermine their autonomy and turn to True Link to meet needs that are underserved by traditional financial institutions. Its specialized payments and investment product offerings are designed to empower its end users, as well as their loved ones and professional caregivers. The company receives nearly five million customer calls per year with a 97 percent “great” ranking for buyer assist.”
True Hyperlink additionally claims that its experience, “obsessive service,” and distribution channels assist households hold their family members secure.
“We manage millions of dollars a day in transactions and provide investment services for thousands of people. Our team handles 2.5 million calls a year with a 98% ‘excellent’ satisfaction rating.”
Talking concerning the funding, Co-Founder and COO of True Hyperlink, Claire McDonnell, said:
“Amidst a global pandemic that has exposed how financially vulnerable so many people are, our customers need us more than ever before. Both Centana and Khosla are partners who genuinely understand and believe in our purpose and their support will help us realize our vision.”
Funds from the Sequence B funding spherical will go in direction of the expansion and growth of the True Hyperlink platform.