One, a company with the mission of bringing “all-in-one banking” to the middle class, recently announced that it has raised $40 million in a Series B round of funding led by Progressive Investment Company (investment arm of the insurance company Progressive). Other investors in the round include Obvious Ventures, Foundation Capital, and Core Innovation Capital. The company’s funding total to date is $66M.
Source: One banks $40M to offer ‘all- in-one’ financial services to the middle class
