Atlanta Startup Qoins Raises $1.5M to Expand Savings Platform
Wednesday, January 13th, 2021
Qoins, an Atlanta startup that helps people pay off their debts with change, raised $1.5 million in its first institutional investment round to expand its platform and double its staff, CEO and founder Christian Zimmerman said.
Front Row Fund led the round with participation from Rise of the Rest, Carolina FinTech Ventures, Rebel One and Service Provider Capital, Zimmerman said. Google for Startups also provided a grant, and Qoins previously raised $750,000 in 2018, which brings its total capital to $2.2 million.