Company News
Announcing Quiltt’s $4m Seed Funding
We are thrilled to announce that Quiltt has raised $4 million in Seed funding!
Greycroft and Newark Venture Partners co-led this round with participation from and includes participation by entities like Motivate Ventures, Abstraction Capital, Tectonic Capital, and Bridge Investments.
As we celebrate this milestone, we want to take a moment to reflect on where we’ve been and where we’re going.
Where Quiltt is today
We started building Quiltt because we had our own pain points we were trying to solve. Building integrations into open-banking platforms like Plaid is time-consuming. Today Quiltt has integrations with fintech providers like Plaid, Spade, and ApexEdge.
Our platform empowers you to quickly connect customer financial data, stitch relevant APIs, and deploy intelligent workflows to bring innovative financial experiences to market.
Where we’re going
With this new funding, we have already started getting to work building out new integrations and working with new partners.
In addition, we are working on building an embeddable bills and subscriptions experience so our customers can build with off-the-shelf, white-label apps.
We’re proud of the progress we’ve made, but we’re just getting started. There’s still a lot of work to do to lower barriers in building in fintech, and we’re committed to continuing to improve Quiltt and make it the best platform for building amazing fintech experiences.
Frequently Asked Questions
What advantages does Quiltt offer over direct provider integration?
Quiltt significantly reduces the complexity and resource investment required to leverage open banking data:
- Single Integration: Instead of building and maintaining multiple provider integrations, you integrate once with Quiltt.
- Unified API: Access data from any provider through one consistent API, eliminating the need to handle provider-specific data formats.
- Provider Optimization: We automatically route users to the best provider for their specific bank, improving connection success rates.
- Cost Efficiency: Benefit from our aggregated buying power and avoid minimum monthly commitments with individual providers.
- Faster Time to Market: Launch in weeks instead of months with our pre-built components and comprehensive SDKs.
- Simplified Operations: One contract, one integration, one support team, and one bill - dramatically reducing the overhead of managing multiple vendor relationships.
Can I start with one provider and add more later?
Absolutely. Many of our customers start with a single provider and expand their provider network as their needs evolve. If you're on the Startup plan or above, you can easily enable additional providers through the Quiltt Dashboard at any time. There's no need to integrate new code or negotiate additional contracts - just toggle on the providers you want to use. If you're on our builder plan, send an email to sales@quiltt.io and we can set you up with one of our higher tiers!
What aggregators and enrichment providers does Quiltt support?
Quiltt partners with leading data aggregators and enrichment providers, including MX, Finicity, Akoya and more. You can choose one or multiple providers to optimize coverage and capabilities based on your specific needs.
.avif)