Amount Raises $81M Series C to Power Digital Banking for Financial Institutions

Amount, a technology platform serving financial institutions, closed an $81 million Series C funding round on December 2, 2020, led by Goldman Sachs Growth. The company delivers digital infrastructure that banks and financial institutions use to modernize and improve their consumer-facing digital banking offerings. With this round, Amount's total funding raised in 2020 reached nearly $140 million, underscoring strong institutional demand for its platform.

Amount's technology helps incumbent banks compete with digital challengers by enabling faster deployment of modern lending, account opening, and other digital banking capabilities. Goldman Sachs Growth leading the round signals strategic interest from a major financial institution in the bank-enabling technology layer. The investment reflects the broader trend of traditional banks investing in fintech infrastructure to accelerate their digital transformation agendas.

Amount's positioning as a technology partner to banks rather than a direct competitor aligns closely with the BaaS and embedded finance ecosystem.