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HomeBankingUS savings app Super.com lands $85m in Series C fundraise

US savings app Super.com lands $85m in Series C fundraise

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San Francisco-based savings app Super.com has raised $85 million in a Series C funding round, led by Inovia Capital, to expand its offerings and meet customer demand for new features.

Facts

  • Super.com has secured $85 million in a Series C funding round led by Inovia Capital.
  • New investors, including angel investors, joined existing investors such as Telstra Ventures, Acrew, Lion Capital, and NBA superstar Steph Curry.
  • Super.com rebranded from SnapCommerce and launched SuperCash, a cashback card that allows users to build credit with each transaction, in October 2022.
  • Super.com plans to scale its product and engineering resources with the new funding to meet customer demand for new features.
  • Daniel Weisenfeld, CFO of Super, said the latest fundraise proves the firm can scale its business “responsibly” while driving improving margins.
  • Super.com offers customers deals and savings across categories such as travel and shopping via its mobile app, and claims to serve over five million customers.
  • Super.com’s newly launched cashback card is in partnership with Mastercard.

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