Pier Finance Analysis: $125K Raised
What is Pier Finance?
Pier Finance offers a SaaS platform with API tools for companies to quickly launch and automate compliant credit products.
Employees
12
Founded
2022
Revenue
<$5M
Company Stage
Seed
YC Batch
W23
Product Features & Capabilities
- BNPL (Buy Now Pay Later), Credit Builder, Merchant Advance, Personal Loans, API-driven solutions, Compliance support, Speed to market.
How much Pier Finance raised
1 - $125,000
2023Lead Investor: Y Combinator
Who are the founders of Pier Finance
JZ
Jessica Zhang
CEO & Co-Founder
AH
Alex Hegevall Clarke
CTO & Co-Founder
Company Pricing
- Monthly minimum SaaS fee: $7,000 - $20,000
- Usage fee: 0.2% - 1.0% of loan volume for origination and servicing
Investors
- ACME Capital
- Y Combinator
- Liquid 2 Ventures
- Horizon Ventures
- 3 other undisclosed investors
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