VC Deal of the Day-Sensibill Raises $13.4M Series A

sensibill
Back by popular demand is our FintekNews VC Deal of the Day column.  Today we are featuring Sensibill, which has recently secured a $13.04M Series A round with Information Venture Partners as the lead investor.

According to their Crunchbase listing, “Sensibill provides a turnkey digital receipt solution to the world’s largest financial institutions. Our service allows retail customers to manage their itemized receipts from trusted financial services applications. The Sensibill platform combines best-in-class technology with beautiful interface design to deliver an experience that creates consistent customer engagement for banking applications and transforms customers into advocates.”

The website goes on to make the case that “(r)eceipts are the most demanded new service customers want in mobile banking”.  Also, on their blog they  make the case that banks can boost purchase volume (and hence revenue) on their credit cards by offering Sensibill’s digital receipt interface.

“Total Equity Funding
$14.64M in 2 Rounds from 7 Investors

Most Recent Funding
$13.04M Series A on March 2, 2017”

See Listing at Crunchbase