About Penny Finance
Penny Finance is a company based in Narragansett (United States) founded in 2020 by Crissi Cole was acquired by Array in February 2026. It operates as a Professional Services. Penny Finance has raised $20 thousand across 1 funding round from investors including Array and Techstars. Penny Finance offers products and services including Financial Planning and Money Advice. Penny Finance operates in a competitive market with competitors including The Tifin Group, Ascensus, Farther, Earned Wealth and Learnvest, among others.
- Headquarter Narragansett, United States
- Founders Crissi Cole
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Technology
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Products & Services of Penny Finance
Penny Finance offers a comprehensive portfolio of products and services, including Financial Planning and Money Advice.
Financial planning services are offered for wealth building.
Money advice is provided to manage personal finances.
People of Penny Finance
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Funding Insights of Penny Finance
Penny Finance has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Penny Finance
Penny Finance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Array and Techstars.
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Startups are accelerated globally without sector restrictions through structured programs.
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Credit data integration platform and management tools are provided.
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Investor details for Penny Finance
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Investments & Acquisitions by Penny Finance
Investment portfolio details for Penny Finance
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Financial Statements - Penny Finance
Detailed financials for Penny Finance
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Penny Finance Comparisons
Peer comparison for Penny Finance
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Competitors of Penny Finance
Penny Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Tifin Group, Ascensus, Farther, Earned Wealth and Learnvest, among others.
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AI-enabled financial planning and advisory solutions are provided for individuals.
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Retirement, health, and college savings services are administered nationwide.
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App-based financial planning and management platform for individuals
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Financial advisory and wealth management are provided to healthcare professionals.
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Personal finance management and investment advise
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An app-based platform is provided for individual wealth management.
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Detailed competitors of Penny Finance
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Latest news on Penny Finance
Complete news archive for Penny Finance
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Frequently Asked Questions about Penny Finance
Penny Finance was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Penny Finance is headquartered in Narragansett, United States. It is registered at Narragansett, Rhode Island, United States.
Crissi Cole is the current CEO of Penny Finance. They have also founded this company.
Penny Finance is a funded company, having raised a total of $20K across 1 funding round to date.
Financial tools and educational resources are offered by Penny Finance to assist individuals in paying off debt, starting investments, and planning for retirement with wealth. Services are focused on personal finance management within the financial services sector.
Penny Finance's top competitors include The Tifin Group, Ascensus and Farther.
Penny Finance offers Financial Planning and Money Advice.