Cushion
Cushion was a fintech startup that aimed to negotiate bank service fees on behalf of its users. The platform analyzed users' bank transaction history, identified fees, and then attempted to get refunds for them. The company unfortunately shut down at the end of 2024 despite reaching $3 million ARR in 10 months, processing over $300 million in BNPL loans, and onboarding over 1 million consumers.
Funding Round: Series A
Funding Amount: $12M
Date: 30-Jan-2025
Investors: Afore Capital, Flourish Ventures, Vestigo Ventures, Better Tomorrow Ventures, 500 Global
Markets: Fintech, AI, Personal Finance
HQ: San Francisco, California, United States
Founded: 2016
Website: https://cushionapp.com/
LinkedIn: https://www.linkedin.com/company/cushion/
Crunchbase: https://www.crunchbase.com/organization/cushion-2
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