FT Partners The Only Investment Bank
Focused Exclusively on FinTech
  • San Francisco
  • New York
  • Miami
  • London

FT Partners Advises Amount on its Series C Financing

Overview of Transaction

  • On December 2, 2020, Amount announced it has raised $81 million in Series C financing led by Goldman Sachs Growth with participation from existing investors including August Capital, Invus Opportunities and Hanaco Ventures
  • Amount delivers technology solutions for financial institutions to create and enhance their digital consumer experiences
  • Solutions include omnichannel retail banking and a robust point-of-sale financing product suite alongside platform features like fraud prevention, verification, decisioning engines, and account management to enhance its clients' existing products and services
  • Leading financial institutions including Banco Popular, HSBC, Regions Bank and TD Bank partner with Amount to drive growth and simplify their transition to digital financial services
  • Amount’s clients collectively manage nearly $2 trillion in US assets and service more than 50 million US customers

Significance of Transaction

  • The latest round brings Amount's total capital raised in 2020 to nearly $140 million and follows its Series B round, led by QED Investors, from earlier this year
  • The new funding will allow for further investments in platform research and development, as well as for accelerating the Company's go-to-market strategy

FT Partners' Role

  • FT Partners served as exclusive financial and strategic advisor to Amount
  • This transaction underscores FT Partners’ expertise across the Banking Tech landscape and highlights its position as the “Advisor of Choice” to leading FinTech companies