Participated · Series B · Jan 2025

LeapXpert's Communications Platform captures, governs, and analyzes conversations on consumer messaging channels in real time to make those interactions actionable for enterprises. The company serves hundreds of demanding organizations across financial services, government, and the Forbes Global 2000. LeapXpert has been named a Visionary in Gartner's Magic Quadrant for Digital Communications Governance and Archiving for two consecutive years, was listed on the Deloitte Technology Fast 500 in 2024 and 2025, and appeared on the Financial Times' 2026 list of the Fastest-Growing Companies in America. With the new $180 million growth investment, LeapXpert plans to deepen the platform's ability to understand and act on governed conversations, accelerate market expansion, and expand its senior leadership team. The company positions itself as the infrastructure layer to govern and unlock AI-driven value from enterprise messaging.

Participated · Equity · Oct 2024

Koho is a consumer fintech that issues a Mastercard and offers tools for spending, earning, borrowing, credit-building, and budgeting. The company plans to use its recent financing to accelerate growth, expand its lending book, and launch new products. Management cites continued progress toward obtaining a Schedule 1 bank license as a strategic priority. Koho was founded in 2014 and is led by CEO Daniel Eberhard. The company completed a C$190M financing package (equity and debt) to support these initiatives. KOHO is a Canadian challenger bank that operates combined chequing and savings accounts through a mobile app. Customers can spend, save, and earn in one place and may opt into KOHO Save to earn 1.2% interest on their balance. In less than two years the company grew to more than 120,000 accounts, moved its headquarters to Toronto, and released 43 new versions of its app. KOHO says it builds open, intuitive financial products focused on empowering customers. The company plans to use the new funding to increase awareness of its current products over the next 12 months. The CEO also disclosed the round included secondary financing and that the deal did not change the board’s composition. KOHO is a Toronto-based fintech that offers a no-fee smart spending account, a reloadable Visa card that earns cash back, and an integrated app to help users spend and save. The company markets a Premium offering and is preparing Canada’s first prepaid metal cards, which have a 40,000-person waitlist. KOHO reported it reached 175,000 users roughly two and a half years after launch and maintains a 4.8/5 App Store rating. The company emphasizes transparent, mobile-first financial products aimed at simplifying consumers’ financial lives. KOHO says the new capital will allow it to continue delivering and scaling its product roadmap and mission to democratize financial services. Koho provides Canadians a mobile current account and a reloadable Visa card through an integrated app that offers real-time insights into spending. The app includes features such as instant cashback, round-ups and automated savings goals. Led by founder and CEO Daniel Eberhard, the company intends to build new products and services aligned with what Canadians need. Koho says it will use the latest funding to further accelerate growth. In less than two years the company has grown to over 120,000 accounts. It processes over $500 million in annualized transactions. Koho is a consumer fintech that launched in March 2017 with a millennial-focused platform designed to decouple the banking experience from traditional banks. The product offers spending insights, real-time purchase updates, e-transfers, access to 8,000 fee-free ATMs and a Koho card issued via a Visa partnership; Peoples Trust holds customer funds and Galileo processes transactions. The company has been covered since 2014 and previously disclosed a $1M round in May 2015 and additional funding from Power Financial a year later. Koho says it has reached a late product-market fit with consistent usage and healthy growth rates. The company plans to use new funding to scale its technology platform and hire engineering and operations staff at a new Toronto headquarters. Management describes the business as capital-intensive and expects to raise a larger round next year as it aims to reach a few hundred thousand Canadian users.

Participated · Equity · Oct 2024

KOHO is an online challenger bank that offers consumer financial services and is pursuing a Schedule 1 federally regulated bank licence. Achieving the licence would allow KOHO to hold customer deposits, which management says would provide a significantly cheaper source of funding. The company has been raising equity over time and has totaled $507 million in equity capital to date, including a $40 million equity raise in 2024. The recent $130 million financing increased KOHO’s valuation to $1.33 billion. KOHO intends to use the proceeds to build its capital base and expand its product suite to meet regulatory requirements and support growth. Management has positioned the fundraising as the final piece needed to satisfy conditions for operating as a federally regulated bank.

Led · Equity · Mar 2024

Founded in 2018 and headquartered in New York, Argyle provides an API-driven platform that connects directly to payroll systems to deliver real-time, consumer-permissioned data. Its technology lets customers generate GSE-compliant reports—including verification of income (VOI), employment (VOE), assets (VOA), and combined VOAI—through a single interface. Leveraging Mastercard’s open finance capabilities, the platform now reaches payroll data covering 90% of the U.S. workforce. Clients such as Checkr, Regional Finance, and Mutual of Omaha report slashing verification timelines from days to seconds and cutting costs by up to 90%, with Mutual of Omaha saving more than $50,000 per month. Argyle continues to deepen its product by integrating additional open-finance functionality and expanding partnerships that automate verifications across financial services. Prior to the latest raise, the company secured a $30 million Series C round led by Rockefeller Asset Management’s Fintech Innovation Fund.

Participated · Equity · Sep 2023

Momnt is a financial services technology platform that provides embedded lending and point-of-sale financing, enabling merchants to offer simple, fast, and affordable financing. Its core product is an embedded lending solution that integrates with merchants to extend personalized financing to consumers and generate new revenue for financial institutions. Momnt has formed a joint venture with Saluda Grade to acquire Momnt-facilitated home improvement loans and broaden institutional support for the asset class via securitization. The JV recently closed an asset-backed revolving warehouse facility of up to $200 million from Macquarie Group to increase capacity to purchase loans and scale access to home renovation financing. Momnt launched its platform in 2020 and is headquartered in Atlanta, and the company is described in the press release as a preeminent market leader in point-of-sale financing. The company is pursuing continued growth through securitizations (including the recently announced MMNT 2023-1) and institutional warehouse financing. Momnt offers a state-of-the-art financial services technology platform that enables merchants to provide embedded lending and diverse financing products through a seamless point-of-sale experience. The company launched its platform in 2020 and has focused on the home improvement industry, positioning itself as a market leader in point-of-sale financing. Momnt’s core product facilitates home improvement loans between merchants and homeowners via its embedded lending solution. The company is expanding its home improvement business and pursuing broader institutional support of the asset class through securitization. A new warehousing facility is intended to increase capacity to purchase Momnt-facilitated loans and improve access to renovation financing for U.S. homeowners. Momnt emphasizes supporting small businesses that rely on its financing platform. Momnt is a financial services technology platform that enables merchants to offer embedded point-of-sale lending and payment products. Headquartered in Atlanta, the company launched its platform in 2020 in the home improvement industry and has grown to be a market leader in point-of-sale financing. Momnt announced the closing of a $15 million capital raise and has previously raised $16.5 million in prior rounds from investors including Yamaha Motor Ventures, Saluda Grade Ventures, and TruStage Ventures. The company plans to use the new capital to invest in people, processes, and technology and to continue growing its team. Momnt is pursuing expansion into new verticals and intends geographic and product expansion as part of its growth strategy. The company has also received multiple workplace recognitions in 2023, including listings on Inc. Magazine and local Best Places to Work lists. Momnt operates an API-based fintech platform that presents custom, real-time loan offers to individual borrowers at the point of purchase, leveraging alternative data and ML/AI-informed decisioning. The company launched its platform in 2020 (formerly Artis Technologies) and has focused initially on the home improvement industry while expanding into healthcare and patient finance. Momnt enables financial institutions to deploy excess capital by originating consumer loans through merchant networks, making merchants the face of financing during purchases. The company plans to use the new capital to invest in people, processes, and technology and to add new financial products and industry verticals both domestically and internationally. Momnt reported growth to more than 100 employees and says it has achieved significant financial and operating milestones. Headquartered in Atlanta, the business emphasizes seamless, secure connections between lenders and distribution channels.