Amount
Amount is a Chicago-based fintech, now part of FIS, that provides an AI-powered cloud platform enabling banks and credit unions to digitally originate deposit accounts, loans and cards for consumers and small businesses, serving clients managing over $3.1 trillion in assets.
- Company typePrivate
- Founded2020
- HeadquartersChicago, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Amount does
Amount is a Chicago-based fintech that builds a cloud-native, AI-powered origination platform enabling banks and credit unions to digitally open deposit accounts, originate loans and issue cards for consumers and small businesses. The platform unifies six modules — consumer and SMB deposit account opening, consumer and SMB lending origination, and consumer and SMB card origination — on a single core-agnostic system with a low-code/no-code configuration framework, mobile-first applications, embedded KYC and fraud controls, and real-time booking to core systems. Underlying the workflow are a proprietary cognitive decisioning engine for predictive fraud and underwriting and an AI policy optimizer that autonomously tunes credit, fraud and pricing policies using machine learning on production data, supported by biometric and document-based identity verification across channels.
Amount monetizes through enterprise SaaS subscriptions sold via direct field sales to financial institutions, with quote-based annual contracts. Its clients are banks and credit unions collectively managing over $3.1 trillion in assets and serving roughly 50 million U.S. consumers, and Amount has processed more than 150 million account applications over its operating history. The company was spun out from online lender Avant in 2020, raised approximately $313M across five equity rounds from investors including Goldman Sachs Growth Equity, WestCap, QED Investors, Hanaco, Invus, Barclays, August Capital and Curql, and reached a peak valuation of $1B. In September 2025, FIS (Fidelity National Information Services) acquired Amount, integrating its technology and 158 employees into the FIS Origination Suite within FIS's broader core and digital banking ecosystem.
Amount firmographics
Firmographics- Name
- Amount
- Legal name
- Amount
- Website
- https://amount.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Amount is a Chicago-based fintech, now part of FIS, that provides an AI-powered cloud platform enabling banks and credit unions to digitally originate deposit accounts, loans and cards for consumers and small businesses, serving clients managing over $3.1 trillion in assets.
- Ownership category
- akta.pro rank
Amount industry classification
Industry- Product category
- Digital Banking Origination Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Finance Services (6199), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)
- akta.pro secondary industry
- Account Verification & Ownership (AVS/AOV, micro-deposits, auth) (FSAGACAB)
Keywords
Where Amount is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Amount business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS/Software Licensing: B2B SaaS platform providing digital account origination, lending, and card origination software to financial institutions on a subscription or licensing basis
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise platform pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Amount product offering
Product offeringCore offering
Amount provides a cloud-native, AI-powered digital banking origination platform that unifies consumer and small business deposit account opening, lending origination, and card origination on a single core-agnostic system. The platform is sold to banks and credit unions to replace fragmented legacy systems, automate underwriting and fraud decisions, and deliver mobile-first onboarding with embedded KYC, KYB, compliance, and real-time risk monitoring.
Product overview
Amount operates as part of FIS's unified Origination Suite platform, providing cloud-native account origination and decisioning solutions for financial institutions. The platform combines six integrated modules covering deposit account opening, lending origination, and card origination for both consumers and small businesses. Originally an independent fintech spun out from Avant in 2020, Amount was acquired by FIS in September 2025 and its products now form the core of FIS's digital account origination capabilities, processing over 150 million account applications and serving clients managing $3.1 trillion in assets.
Differentiator
Problem solved
Functional benefit
Products and services
- FIS Origination Suite (formerly Amount platform) Unified, AI-powered cloud-native digital banking origination platform combining consumer and small business deposit account opening, lending origination, and card origination on a single core-agnostic system for banks and credit unions.
- Consumer Deposit Account Opening Mobile-first consumer deposit account opening module with prefill for existing retail customers, KYC and fraud mitigation embedded in onboarding, digital funding, and connected branch-to-digital experiences enabling applications to be completed in minutes.
- SMB Deposit Account Opening Streamlined business deposit account opening module supporting multiple owners through a single application flow, with disclosure compliance, orchestrated risk, no manual queues, and 200+ configuration options for rapid setup and program management.
- Consumer Lending Origination Digital consumer lending origination module with e-signatures, document capture, real-time booking, automated workflows and predictive analytics to increase approvals, reduce operational costs, deliver faster funding, and maintain fraud and compliance controls.
- SMB Lending Origination SMB lending origination module supporting multi-owner digital applications with embedded compliance and real-time booking, allowing business customers to start applications online, add documentation, and continue seamlessly in branch or call center.
- Consumer Card Origination Consumer credit card origination module with mobile-optimized applications, embedded KYC and fraud detection, real-time credit decisions for qualified applicants, and real-time booking to core systems for instant card issuance.
- SMB Card Origination Digital SMB card origination module with multi-owner support, workflow automation, embedded KYB, and core system integration enabling faster approvals, reduced fraud exposure, and expanded institution card portfolios.
Quantifiable outcome
- Processed over 150 million account applications
- +2 more outcomes
Companies that use Amount
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles1 record
Amount technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature6 records
Amount partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- FIS (Fidelity National Information Services)flagshipFIS completed acquisition of Amount, a Chicago-based fintech specializing in deposit and loan origination software. Amount's 158 employees joined FIS, and the company now operates under the FIS brand as part of the FIS Origination Suite. The acquisition enhanced FIS's digital account origination capabilities and supports its digital transformation strategy. Amount's clients include banks and credit unions managing over $3.1 trillion in assets.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Amount competitors and assessment
Company assessmentRegional players
- LendingClub: LendingClub operates a U.S. digital lending marketplace and bank platform, providing consumer lending and deposit products that overlap with Amount's consumer lending origination capabilities within the same U.S. market.
Direct peers
- Backbase: Backbase offers an Engagement Banking Platform with digital onboarding, lending, and account origination capabilities sold to banks and credit unions, directly competing with Amount's deposit and lending origination modules.
- Q2 (now part of Alkami): Q2 (acquired by Alkami) provided digital banking and lending solutions to community banks and credit unions, with overlapping account opening and origination capabilities sold to Amount's core buyer profile.
- Blend: Blend provides a consumer banking platform for deposit, lending, and mortgage origination, with deep penetration among U.S. banks and credit unions—directly comparable to Amount's consumer deposit and lending modules.
- nCino: nCino provides a cloud-based bank operating system spanning account opening, loan origination, and commercial banking workflows, directly competing with Amount's unified deposits-lending-cards platform for bank and credit union clients.
Emerging players
- Marqeta: Marqeta is a modern card-issuing and processing platform; while not a direct competitor in origination, it overlaps with Amount's card origination module for fintech and FI clients issuing consumer and SMB cards.
- Plaid: Plaid provides bank account verification and connectivity infrastructure that complements or competes with Amount's KYC, account verification, and digital funding flows during deposit account opening.
Broad incumbents
- Temenos: Temenos is a large incumbent core and digital banking vendor serving global banks, offering origination modules as part of a broader suite that overlaps with Amount's deposits, lending, and cards offering.
- Jack Henry: Jack Henry provides core banking, digital, and lending technology to U.S. community banks and credit unions, competing for the same customer base as Amount with bundled origination capabilities.
- FIS (Fidelity National Information Services): FIS, Amount's acquirer, is a global financial technology incumbent offering core banking, digital banking, and origination products that overlap with Amount's platform across large and mid-tier FIs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Amount social profiles
Digital presenceAmount financial estimates
Financial estimateRevenue estimate
Valuation estimate
Amount leadership team
Management profileNumber of profiles
Profiles7 records
Amount funding detail
Funding detailFunding overview
Funding rounds5 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Amount M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Amount
What does Amount do?
Amount provides a cloud-native, AI-powered digital banking origination platform that unifies consumer and small business deposit account opening, lending origination, and card origination on a single core-agnostic system. The platform is sold to banks and credit unions to replace fragmented legacy systems, automate underwriting and fraud decisions, and deliver mobile-first onboarding with embedded KYC, KYB, compliance, and real-time risk monitoring.
Is Amount a public or private company?
Amount is a private company. It is classified as corporate owned and is currently acquired.
When was Amount founded?
Amount was founded in 2020. It employs 101 to 250 people.
Where is Amount based?
Amount is headquartered in Chicago, United States, in the North America region.
How does Amount make money?
One revenue line is on record: saaS/Software Licensing.
Who are Amount's main competitors?
LendingClub is listed as a regional player. Direct peers are Backbase, Q2 (now part of Alkami), Blend and nCino. Emerging players are Marqeta and Plaid. Broad incumbents are Temenos, Jack Henry and FIS (Fidelity National Information Services).
Does Amount have an API?
No public API is recorded for Amount.
What industry is Amount in?
Amount's product category is Digital Banking Origination Software. Its primary akta.pro industry code is FSAGALAE, Embedded Deposit Accounts & Digital Wallet Infrastructure, with a secondary code of FSAGACAB, Account Verification & Ownership (AVS/AOV, micro-deposits, auth). Its NAICS code is 522320 and its SIC code is 6199.