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Discover Financial Services Raises $36 Million in Funding to Accelerate Innovation and Expansion

Discover Financial Services Raises $36 Million in Funding to Accelerate Innovation and Expansion

June 14, 2023

Riverwoods, IL- Discover Financial Services, a leading provider of financial solutions in the United States, is pleased to announce the successful completion of its latest funding round, raising an impressive $36,000,000. The funding round saw participation from prominent investors Chartline Capital Partners and ResilienceVC, validating Discover's growth potential and commitment to revolutionizing the financial services industry.

Discover Financial Services has established itself as one of the most recognized brands in U.S. financial services, connecting people to commerce in more rewarding ways. With a focus on providing innovative lending products and payment services, Discover empowers millions of merchants, facilitates the expansion of new markets, fuels fintech companies, and, most importantly, helps individuals build a brighter financial future.

"We are thrilled to announce the successful completion of our latest funding round," said Roger Hochschild, Founder of Discover Financial Services. "This funding will further propel our mission to create solutions that enhance the financial lives of individuals and businesses alike. With the support of Chartline Capital Partners and ResilienceVC, we are well-positioned to accelerate our innovation and expand our footprint in the financial services landscape."

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