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Headquartered in San Francisco, California, Cushion is working on their goal to help every customer waste less money, save more, and live a financially healthier life. They plan to arm every consumer with a digital CFO that can manage their finances for them, better than they can. Their first product is tackling bank and credit card fees, a $200-billion problem in the U.S. annually. They leverage artificial intelligence, advanced fee-detection technology, and bank-level security to negotiate with the banks and credit card companies to put money back into people’s accounts—quickly, efficiently, securely, and automatically. Their app supports 15,000 U.S. banks and credit unions, and detects dozens of fees, including overdraft and ATM fees, credit card interest charges, and more. They claim, To date, they have gotten their customers more than $4 million in refunds. Cushion is backed by some of the best fintech funds, including Flourish Ventures and Vestigo Ventures, as well as the founders of companies such as NerdWallet, Funding Circle, and Earnest.
Legal Name
:
Cushion AI, Inc.
Headquarters
:
San Francisco, California, United States
Founding Date
:
2016
No. of Employees
:
21 to 40
Core Team
:
1.
Fazil Mohamood
Co-Founder & CTO
2.
Paul Kesserwani
Co-Founder & CEO
Total Funding
$5.9M
Investors
:
1.
Afore Capital
2.
500 Startups
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