What does Glide do?
Glide offers an embedded fintech platform that enables community banks and credit unions to deliver compliant digital financial services. Its solutions improve core banking processes such as account opening, onboarding, lending, and operational tooling.
How much did they raise?
The company raised $15M in a Series A round led by Acrew Capital, with participation from Pear VC, Pathlight Capital, and influential figures like Claire Hughes Johnson, Paul Williamson, and Arash Ferdowsi.
What are their plans for the money?
Glide intends to invest the funds in accelerating its product roadmap, scaling its AI capabilities, and expanding its engineering and product teams, potentially transforming digital banking experiences and streamlining traditional financial services.
What have they achieved so far?
Glide's first product, Deposit Origination, has already demonstrated significant progress by reducing account opening times from 20 minutes to under 3 minutes.
