One Finance, formerly known as SafeCorp Technology, is a new digital banking service that was built to help everyday people and their loved ones make the most out of the money they earn.
One is designed to maximize a family’s hard-earned paycheck by unifying saving, spending and borrowing into one account.
One was founded in 2019 by Bill Harris, and Brian Hamilton. The company is headquartered in San Francisco, California.
One is redesigning the key fundamentals of banking to help middle-class American families. With a single account that unifies saving, spending, borrowing and sharing in one place, One helps people save more, spend less and gain control of their finances.
One is the first to offer an integrated line of meaningful credit at lower rates, so that people have a credit cushion to borrow from in moments of need. The company allows customers to create pockets within a single account to instantly share money with others, eliminating complicated transfers between banks or accounts.
One Finance is backed by Foundation Capital, Core Innovation Capital, Obvious Ventures and others. The company raised $17M in a Series A round on Mar 17, 2020. This brings One's total funding to $26M to date.