Fenwick represented Kikoff, a credit building platform for Millennials and GenZ, in its $30 million Series B financing, which was led by Portage Ventures.
The capital is in addition to the $12.5 million the company raised previously, including through a Series A financing, which was led by Lightspeed and involved participation from GGV, Coatue and Core Innovation Capital. Kikoff is also backed by investors including basketball star Stephen Curry, Wex CEO Melissa Smith and former CFO of the U.S. Department of the Treasury, Teresa Ressel. Fenwick represented Kikoff in each financing round.
Kikoff aims to give consumers a way to build a credit history as well as an opportunity to increase their financial literacy. More information about the company’s launch and financing rounds can be obtained from Kikoff’s announcement.
The Fenwick transaction team was led by corporate partner Michael Esquivel and included associates Shweta Kumar and Stephanie Hong.