Bill Pay Fintech Cushion Gets 12M Series A Financing To Become One Stop Bill Payment Shop
Cushion announced today that it raised $12 million in Series A financing to help expand the company’s plans to evolve from its current operation as an automated bank and credit card fee negotiation firm to a one-stop, single resource to track, pay and finance bills to help customers avoid overdraft and late fees imposed by banks. The proceeds from the $12 million financings will go toward hiring talent across its products, engineering, data analytics and marketing as it prepares to take its bill pay solution – which is in the beta-testing stages – to the general public....