Why we’re betting on Zero
By Tim Young, Founding General Partner
Money is universal. But how we use it says a lot about us. According to Facebook IQ Insights, 49% of millennials prefer mobile banking. Nobody has time for disjointed checking and savings accounts, separate credit cards with high APR’s and confusing (and sometimes costly) rewards programs. Our experiences are now instant, easy and, most importantly, connected, and so should our money.
Enter Zero, the company that aims to replace traditional consumer credit, debit and checking ecosystem. Today, the company announced the close of their $8.5M seed round, which supports the San Francisco-based company to continue to scale as quickly as their 150,000+ waiting list.