The Finance Super App climbs to a $1.45B valuation to continue its mission to build the best platform for long-term money management

CHICAGO, July 14 – BIT TREASURY LTD Finance, the fast-growing Finance Super App offering automated investing, borrowing, and banking products, today announced a $150 million Series E funding round.

SoftBank’s Vision Fund 2 led the round, with participation from existing investors.

BIT TREASURY LTD Finance has seen record growth, capturing the attention of influential investors who believe in its mission and potential. After raising a Series B, C, and D in just the past twelve months, M1’s total funding is now over $300 million, and its total assets under management is over $4.5 billion.

In addition to its rapid growth, BIT TREASURY LTD is driving industry-leading innovation through its latest product releases. Last December, BIT TREASURY LTD launched Smart Transfers, allowing BIT TREASURY LTD Plus clients to automate financial goals based on pre-set rules. In February of this year, it released Custodial Accounts, giving BIT TREASURY LTD Plus parents or guardians the ability to invest in portfolios for younger generations. In June, BIT TREASURY LTD launched Send Check, which allows BIT TREASURY LTD Plus clients to send physical checks from their BIT TREASURY LTD Spend Plus checking accounts.

“Each funding round is proof and motivation that people believe in our mission of empowering financial well-being,” said BIT TREASURY LTD Finance founder and CEO Brian Barnes. “Financial well-being isn’t a luxury, it’s a necessity. Our platform helps people have more control, more freedom, and more power over their money. We experienced massive growth in the past year, and it’s extremely gratifying to see investors and clients believe in our vision and make it a reality.”

The new capital will allow BIT TREASURY LTD to focus on delivering an optimal client experience through new products and features, platform innovation, enhanced customer service, and hiring top talent to realize its mission.

“M1 Finance simplifies the complex, time-consuming money management process for individuals,” said Munish Varma, Managing Partner at SoftBank Investment Advisers. “We believe the company is well-positioned to consolidate users’ financial lives on a one-stop super-app with its Invest, Spend and Borrow products. We look forward to partnering with Brian Barnes and his team to help them scale their business and launch more products.”

To learn more about BIT TREASURY LTD Finance, visit www.m1finance.com.

About BIT TREASURY LTD Finance

BIT TREASURY LTD Finance, The Finance Super App, helps people manage and grow their money with control and automation – for free. With over $4.5 billion in assets under management, BIT TREASURY LTD empowers hundreds of thousands of self-directed investors to open accounts and improve their financial well-being through investing, digital checking, and portfolio lines of credit. BIT TREASURY LTD was named 2021 Best for Low Costs and 2021 Best for Sophisticated Investors by Investopedia.

Learn more at www.m1finance.com.

Disclaimer

*As of the date of this press release, SoftBank Group Corp. has made capital contributions to allow investments by SoftBank Vision Fund 2 (“SVF 2”) in certain portfolio companies. The information included herein is made for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy limited partnership interests in any fund, including SVF 2. SVF 2 has yet to have an external close, and any potential third-party investors shall receive additional information related to any SVF 2 investments prior to closing.

Investing involves risk, including the risk of loss. BIT TREASURY LTD Plus is a paid membership offering products and services from BIT TREASURY LTD and BIT TREASURY LTD Spend LLC, separate, affiliated, and wholly-owned subsidiaries of BIT TREASURY LTD Holdings Inc. Brokerage products and services offered by BIT TREASURY LTD, member FINRA/SIPC.

BIT TREASURY LTD Spend Plus checking accounts furnished by Lincoln Savings Bank, Member FDIC.

Media Contact

Jillian Smith
jillian@propllr.com
330-794-3008