Method Financial

The easiest way to pay your users’ debts.

About

Founded

2021

Headquarters

Austin, Texas

Industry

Fintech

Company Description

Method Financial empowers real-time data and payment access for consumer liabilities. Using consumer’s consent, Method can securely connect all of a user’s liabilities, retrieve comprehensive data, and enable payment access.

Quick Links

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Funding

Total Raised

$18.5 million

Valuation

Undisclosed

Significant Investors

Y Combinator, Andreessen Horowitz, SV Angel, Abstract Ventures, Truist Ventures, Ardent Venture Fund, Alumni Ventures, Cameron Ventures, LiveOak Venture Partners

Company Traction

  • As of January 2023, Method Financial has 45 customers, 100,000+ end-to-end users, $2.25 million in annual recurring revenue, connects $2 billion in consumer debt, and processes $50 million+ in debt and bill payments.
  • As of January 2023, Method Financial reported 40% MoM payment volume growth.
  • Method Financial customers include Reach Financial, Gauss Money, Relief, WithClutch, and Spritz.

Leadership Team

  • Jose Bethancourt: Co-Founder & CEO of Method Financial. Former Co-Founder & CEO of GradJoy.
  • Marco del Carmen: Co-Founder & CTO of Method Financial. Former Co-Founder & CTO of GradJoy.
  • Mit Shah: Co-Founder & COO of Method Financial. Former Head of Product Financial Performance at Upside.