Details

Last Funding Type

Series B

Last Funding Money Raised

$25M

Industries

Debt Collections,Financial Services,FinTech,Government,Mobile Payments

Founded date

Jan 1, 2017

Operating Status

Active

Legal Name

Promise Network Inc.

Also Known As

Promise Pay

Promise simplifies government debt and helps people pay their bills. We partner with utilities and government agencies to offer a variety of convenient and flexible payment options, including zero-interest installment plans and relief distribution. We use sophisticated outreach methods that make it easy for customers to sign up and manage their plans. Ultimately, our technology maximizes government revenue while helping customers pay off debt sooner and with fewer penalties.

Promise is a team of technology experts from companies like Palantir, Stripe, Uber and Google and leaders from the public sector. We are backed by a diverse group of venture capital firms like Kapor Capital, Y Combinator, First Round and RocNation.