Swell Financial: Raises $10M in Series A Funding

Swell Financial Raises $10M in Series A Funding

• Swell Financial, a Boulder, CO-based fintech company, raised $10M in Series A funding
• The round was led by Park Cities Asset Management, LLC with participation from Elevate Credit and Central Pacific Financial Corp
• The company intends to use the funds to build a consumer line of credit that helps people manage cash flow and tackle debt
• Swell is the developer of the Swell App, which includes several features to help customers automatically control spending, tackle debt, and invest in exclusive private market opportunities
• The Swell App will be available to consumers in the Summer, 2022