Glide, an embedded FinTech platform focused on transforming the digital capabilities of traditional financial institutions, has raised $15m in a Series A funding round.
The round was led by Acrew Capital and joined by Pear VC, Pathlight Capital, and several prominent angel investors. Notable participants included Claire Hughes Johnson, former COO of Stripe; Paul Williamson, former CRO of Plaid; and Arash Ferdowsi, co-founder of Dropbox.
Glide provides a unified digital experience platform for community banks and credit unions, replacing the fragmented legacy systems many still rely on. By offering a modern infrastructure layer, Glide enables these institutions to deliver banking experiences on par with FinTech challengers.
The newly raised capital will be used to accelerate Glide’s product development, enhance its AI capabilities, and expand its team across engineering, product, and go-to-market functions.
Glide’s flagship solution, Deposit Origination, drastically reduces account opening times—from 20 minutes to under three—and triples conversion rates during onboarding. Its platform supports all account types, integrates with existing systems, and is self-configurable, effectively streamlining operations and reducing tech vendor sprawl.
In its first year on the market, Glide secured 15 credit unions through founder-led sales, signing multi-year contracts and showcasing real traction.
Elizabeth Thornton, vice president of member experience at Gulf Coast Educators Federal Credit Union, said, “Thanks to Glide, we’ve reduced application times and improved our ability to serve members quickly and effectively. It’s the digital transformation we needed.”
As part of the investment, Pear VC founding partner Mar Hershenson has joined Glide’s board. Hershenson said, “Glide has assembled a world-class team and built an industry leading platform that uniquely bridges fintech innovation with traditional banking infrastructure. They’re transforming an industry long dominated by legacy providers.”
Source: https://fintech.global/
