Mobile-First Banking Platform MoCaFi Secures $12 Million Through Series A Funding Round

Mobility Capital Finance (MoCaFi), a U.S.-based mobile-first banking platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Tom and Wende Hutton, with participation from Citi Impact Fund, Mastercard, 1Flourish Capital, Commerce Ventures,

Founded in 2015, MoCaFi describes itself as a financial services platform for 110 million Americans that are dealing with economic hardship and have no path to a better circumstance.

Read more: Crowdfund Insider