Discover

Discover Bank offers a range of personal and commercial banking services, including online savings and checking accounts, money market accounts, certificates of deposit, and individual retirement account certificates. It also provides services through a mobile application, enhancing customer accessibility. Established in 1911 and headquartered in Greenwood, Delaware, Discover Bank was previously known as Greenwood Trust Company until its name change in August 2000. As a subsidiary of Discover Financial Services, the bank aims to assist individuals in achieving their financial goals, whether it be establishing good credit, funding education, or managing debt. Additionally, Discover facilitates payment solutions that connect banks, cardholders, and merchants, promoting innovative commerce.

Jason Strle

Chief Information Officer and Executive Vice President

7 past transactions

Finexio

Series B in 2022
Finexio is a B2B payment network that offers a streamlined solution for accounts payable payments, primarily targeting medium and large corporations. The company’s platform simplifies the payment process by identifying suppliers eligible for electronic payments and routing these transactions without the need for bank account information. This approach eliminates the reliance on paper checks, significantly reducing associated costs such as transaction fees and currency conversion charges. By integrating with major payment aggregators, accounts payable automation tools, and procurement software, Finexio enhances payment efficiency, allowing businesses to transfer funds directly to suppliers’ bank accounts at lower rates than traditional payment methods.

Sezzle

Post in 2021
Sezzle Inc. is a financial services company that provides a technology-driven payments platform designed to facilitate transactions between consumers and retailers in the United States and Canada. Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle allows customers to make online purchases and split the total cost into four equal, interest-free payments over six weeks, with the first payment due at the time of the purchase. The platform caters to both online and brick-and-mortar retailers, aiming to enhance consumer flexibility and promote financial empowerment for the next generation.

SecureKey

Series B in 2012
SecureKey Technologies Inc., established in 2008 with headquarters in Toronto, Canada, specializes in providing secure identity and authentication solutions for online services. The company operates by building cloud-based identity networks, facilitating frictionless digital identities, and offering professional services. SecureKey serves diverse markets such as banking, government, healthcare, and enterprise sectors, ensuring consumers have secure access to critical online platforms while maintaining privacy. It maintains strategic collaborations with notable partners like Digital Bazaar and is backed by prominent investors including Visa, MasterCard, Discover, Rogers Venture Partners, and Intel Capital. With additional offices in Boston and San Francisco, SecureKey's services enable organizations to build or subscribe to identity networks that prioritize both security and privacy for consumers.

Home Loan Center

Acquisition in 2011
Home Loan Center, a subsidiary of Tree.com, Inc

Student Loan Corporation

Acquisition in 2010
The Student Loan operates as a provider of student loan services based in Stamford, Connecticut. It offers a range of financial products including undergraduate, graduate, law, and health profession loans, catering to the diverse needs of students. Additionally, the company provides debt management advice to assist individuals in navigating their financial responsibilities. Supported by Discover Student Loans, one of the largest private student loan providers, The Student Loan is dedicated to equipping students and their families with the necessary resources to make informed decisions regarding college preparation and financing.

First National Bank Alaska

Acquisition in 2010
First National Bank Alaska, established in 1922 and headquartered in Anchorage, is a commercial bank that serves a diverse clientele, including businesses, industries, and individual customers throughout Alaska. The bank offers a comprehensive range of banking products and services, such as savings, money market, and checking accounts, as well as various loan options, including home loans, consumer loans, and home equity loans. Additionally, it provides debit and credit card services, safe deposit boxes, trust and investment management, online bill payment, and convenience banking services. Through its focus on customer service and tailored financial solutions, First National Bank Alaska plays a crucial role in the financial landscape of the region.
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