Sequin Analysis: $5M Raised
What is Sequin?
Sequin empowers women financially by addressing the Pink Tax and promoting financial literacy through innovative financial services.
Employees
3
Founded
2019
Revenue
$23.4M
Product Features & Capabilities
- Sequin Rewards Visa® Debit Card, up to 6% cashback on beauty, drugstores, gyms, local salons, and wellness services, ATM reimbursements, financial guidance, community support, high-interest banking for women, Sequin Wealth Program®.
Pricing
- Sequin Rewards Card: $12 per month (waivable), $25 minimum opening deposit
- Sequin High-Interest Checking Account + Sequin Rewards Card + Membership: $13 per month, $0 opening deposit
How much Sequin raised
1 - $5 million
September 15, 2021Lead Investor: Y Combinator, Matrix, Scribble Ventures, Commerce Ventures, Thomvest Ventures, IDEO
Competitors Overview
Sequin operates in a niche market focused on women's financial empowerment, particularly addressing issues like the Pink Tax. Its main competitors include:
- Even.com: This platform offers financial services aimed at women, focusing on budgeting and financial literacy. Even.com provides tools
Business Model
Revenue from transaction fees and partnerships; focuses on empowering women's financial independence.
Investors
- Y Combinator
- The Schwab Family
- IDEO
- Matrix Partners
- 11 other angel investors
Market Focus
Sequin primarily focuses on the financial services industry, specifically addressing women's financial empowerment and issues such as the Pink Tax.
See something that needs updating? Suggest edits to this profile.