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With $20M A round, Promise brings financial flexibility to outdated government and utility payment systems – TechCrunch

With $20M A round, Promise brings financial flexibility to outdated government and utility payment systems
The last year has been one of financial hardship for billions, and among the specific hardships is the elementary one of paying for utilities, taxes and other government fees the systems for which are rarely set up for easy or flexible payment. Promise aims to change that by integrating with official payment systems and offering more forgiving terms for fees and debts people can’t handle all at once, and has raised $20 million to do so.
When every penny is going toward rent and food, it can be hard to muster the cash to pay an irregular bill like water or electricity. They’re less likely to be shut off on short notice than a mobile plan, so it’s safer to kick the can down the road… until a few bills add up and suddenly a family is looking at hundreds of dollars of unpaid bills and no way to split them up or pay over time. Same with tickets and other fees and ....

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Payment Technology Platform "Promise" Completes Its Series A, Bringing Total Raise To Over $30 Million

Payment Technology Platform Promise Completes Its Series A, Bringing Total Raise To Over $30 Million
The Black-Female Led Company Modernizes and Humanizes Government Payments
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OAKLAND, Calif., Feb. 18, 2021 /PRNewswire/ Payment technology platform, Promise, has announced over $20 Million in new Series A funding to bring antiquated government payment systems into the 21st century. The modern payment solution helps residents navigate government payments like utilities, child support, parking tickets, and more with dignity and ease by making customizable plans and digital payment options available. This round is led by Kapor Capital and XYZ, with additional funding coming from Bronze, First Round, Y Combinator, and more. ....

United States , Diana Frappier , Ross Fubini , Phaedra Ellis Lamkins , Tony Parrott , Mitch Kapor , Louisville Water Company , Kapor Capital , First Round , Executive Director , Jefferson County Metropolitan Sewer , Promise Board , Managing Partner , ஒன்றுபட்டது மாநிலங்களில் , டயானா ப்றப்பிேர் , பாெதிறா நீள்வட்டம் லம்கின்ஸ் , டோனி கிளி , மிட்ச் கபோர் , லூயிஸ்வில்லி தண்ணீர் நிறுவனம் , கபோர் மூலதனம் , முதல் சுற்று , நிர்வாகி இயக்குனர் , ஜெஃபர்சன் கவுண்டி பெருநகர கழிவுநீர் , ப்ராமிஸ் பலகை , நிர்வகித்தல் கூட்டாளர் ,