Linker Finance, a Pasadena, Calif., company that offers mobile and online banking services to community banks, raised $3.7 million in seed financing.
The startup said in a press release that the funding round was led by Ten One Ten Ventures and Chingona Ventures. Other participants included Audaz Capital, Techstars, Commerce Ventures, Bank of Brodhead, and Angeles Investors.
Angel investors included Edrizio de la Cruz, Ahmed Mirza, Michael Olson, and Roberto Medrano.
“Linker Finance brings neobank technology and customer experience to community banks by helping them build a reimagined digital banking platform for their end customers,” Samara Hernandez, founding partner of Cingona Ventures, said in the release.
“We have high conviction in Jorge Garcia as the company’s CEO given his background as an experienced founder and his passion for financial innovation,” Hernandez added.
Linker Finance plans to use the funds to invest in product development, strategic team growth and business development initiatives.