LevelMoney, which launched in 2012, is another US-based PFM which targets millennials looking to pay back student loans and to start saving. The business received $5m investment from VC KPCB and as of January 2015 had 700,000 users before it was acquired by Capital One.Startups and the bit of the banking model they’re after ↱
Bye Bye Banks?
How Retail Banks Are Being Displaced, Diminished and Disintermediated by Tech Startups and What They Can Do to Survive
James Haycock, Shane Richmond