Amount

OverviewSuggest Edit

Amount is a company providing an API framework that streamlines workflows and automates account originations. It offers an enterprise account opening platform Amount360, which helps banks to adjudicate customer risk profiles, generate mitigation strategies, and execute configurable workflows to authenticate customers.

TypePrivate
Founded2019
HQChicago, IL, USMap
Websiteamount.com
Employee Ratings3.7More
Overall CultureBMore

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2021)330(+5%)
Cybersecurity ratingBMore

Amount Office Locations

Amount has an office in Chicago
Chicago, IL, US (HQ)
222 N LaSalle St #1700
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Amount Financials and Metrics

Summary Metrics

Founding Date

2019

Amount total Funding

$81 m

Amount latest funding size

$81 m

Time since last funding

3 months ago

Amount investors

August Capital, Invus Opportunities, Hanaco Ventures, Goldman Sachs Growth
Amount's latest funding round in December 2020 was reported to be $81 m. In total, Amount has raised $81 m. Amount's latest valuation is reported to be $681 m.
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Amount Revenue

Market valuation

681.0m
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Amount Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

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Amount Online and Social Media Presence

Amount's Trends

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Amount Company Culture

  • Overall Culture

    B

    79/100

  • CEO Rating

    A

    83/100

  • Compensation

    A+

    89/100

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Amount Blogs

March 01, 2021

5 Questions with Bank of America Head of Digital David Tyrie

David Tyrie is the newly appointed managing director and head of digital at Bank of America, a role he stepped into at the turn of the new year. Tyrie, who previously served as head of consumer and small business products at the $2.8 trillion bank, now leads the transformation, integration and manag…
March 01, 2021

Marcus Co-Founder Leaving for New Walmart Fintech Initiative

Yesterday, Bloomberg broke the story that two senior Goldman Sachs executives were leaving to work on the new Walmart fintech initiative. Omer Ismail, who was head of the consumer bank at Goldman Sachs and David Stark, one of his top lieutenants, will be helping to lead the new Walmart offering. Whe…
March 01, 2021

Movers and shakers: TIAA’s new chief, Goldman Sachs shuffles and City National loses its innovation SVP

February’s banner hires brought retirement and investment firm TIAA a new chief executive, and City National Bank lost its innovation lead to data warehouse provider Snowflake. Meanwhile, Goldman Sachs lost its consumer banking heads to Walmart’s fintech startup, but hired a former Stripe payments e…
March 01, 2021

How AI can reduce false positives for fraud

Most transactions flagged as fraud are false positives, and they are driving unnecessary costs. In this podcast, David McLaughlin, CEO and co-founder of anti-fraud vendor QuantaVerse, discusses the conflicts chief risk and compliance officers face daily, how to automate fraud investigation, and whet…
February 27, 2021

Top 10 Fintech News Stories for the Week Ending February 27, 2021

Look, no big SPAC news this week! But we do have IPO news, BNPL, digital banking and even Brexit coverage. Here are what I consider to be the top 10 most important fintech news stories of the past week. Coinbase Is Going Public: Everything You Need To Know from Coindesk – The first mega-IPO of […] T…
February 26, 2021

Microsoft Cloud for Financial Services incorporates retail lending automation

A new offering from Microsoft will allow banks to automate the retail lending processes through a cloud-based service. Microsoft announced its Cloud for Financial Services on Wednesday, though this is currently a soft launch in which only select companies are participating. The package includes seve…
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 Amount Frequently Asked Questions

  • When was Amount founded?

    Amount was founded in 2019.

  • How many employees does Amount have?

    Amount has 330 employees.

  • Who are Amount competitors?

    Competitors of Amount include TADA, TelosTouch and Smart Money People.

  • Where is Amount headquarters?

    Amount headquarters is located at 222 N LaSalle St #1700, Chicago.

  • Where are Amount offices?

    Amount has an office in Chicago.

  • How many offices does Amount have?

    Amount has 1 office.