PerkStreet Financial operates an online checking product that delivers high rewards and access to a nationwide network of free ATMs. The company says it can offer higher rewards by saving on branch-related costs that traditional banks incur. PerkStreet was launched in late 2009 by CEO Dan O’Malley and is based in Boston, MA. Its core product emphasizes rewards and digital tools to help customers save and reach financial goals faster. The company intends to expand its product offerings, its community, and its set of online tools using newly raised capital. No revenue or user metrics are provided in the article.

Total raised

$9M

Funding rounds

1

Latest round

Equity

Latest activity

May 2011