TLDR:
- Argyle, a NYC-based provider of direct-source income and employment data, raised $30M in funding.
- The funding round was led by Rockefeller Asset Management’s Fintech Innovation Fund.
In a recent development, Argyle, a provider of direct-source income and employment data based in NYC, announced that they have secured $30M in funding. This funding round, led by Rockefeller Asset Management’s Fintech Innovation Fund, brings the total funding raised by Argyle to over $100M since its inception. Other participants in the round include Bain Capital Ventures, SignalFire, and Checkr. The company plans to use this funding to further enhance the adoption and expansion of its automated income and employment verification platform.
Argyle, led by CEO and Founder Shmulik Fishman, offers direct-source access to real-time income and employment data, allowing companies to automate critical workflows such as income and employment verifications, deposit switches, wage advances, and loan repayments. This helps companies build efficient processes, reduce risk, and scale their business. The company caters to industries such as mortgage, background check, personal lending, banking, and the gig economy.
Shmulik Fishman, commenting on the news, expressed confidence in the company’s verticalized approach and direct-source model, which has provided accurate data and an enhanced consumer experience for customers. With the new capital from investors, Argyle aims to continue tailoring its solutions to priority verticals and improving the verification experience for new prospective customers.
