Lead Bank, a state-chartered institution that provides compliant banking infrastructure for top FinTechs and digital asset firms, has secured $70m in its Series B fundraising round.
The round was led by new investors ICONIQ and Greycroft, alongside existing backers Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures. The fresh capital has pushed Lead Bank’s post-money valuation to $1.47bn.
Lead specialises in building technology-first banking solutions, with a banking-as-a-service (BaaS) platform that allows FinTechs, consumer companies, and digital asset firms to integrate directly into transaction workflows. Its offerings include programmable products and full-service banking for both businesses and individuals across the US.
Lead Bank CEO Jackie Reses said, “The fastest growing fintechs want to work with a bank that moves at their speed, without compromising on risk or compliance. We’re grateful to our investors, new and old, for seeing the future as we do – one where we can use technology and creativity to elevate banking standards and drive more innovation in finance.”
Read the daily FinTech news here
Copyright © 2025 FinTech Global
