ScribeUp Secures $13M in Series A Funding Led by Curql

ScribeUp, a Los Angeles, CA-based provider of an AI-powered embedded recurring bill platform for financial institutions, has raised $13 million in a Series A funding round.

The round included $10 million in equity financing and a $3 million venture debt facility. It was led by Curql, with participation from Mucker Capital and Service Ventures.

The company intends to use the funds to further enhance investments in AI-native intelligence and agentic execution, as well as continued team expansion and go-to-market strategies.

What is ScribeUp?

ScribeUp provides an AI-powered platform that helps banks, credit unions, and fintech companies offer recurring bill management directly through their digital banking apps.

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The platform helps users track subscriptions, rent, utilities, insurance, and loan payments. Customers can also take actions such as cancelling subscriptions, updating payment methods, accessing advances, and refinancing external loans without leaving their banking app.

By combining bill information with banking data, ScribeUp helps financial institutions provide more personalised financial services.

How Much Funding Has ScribeUp Raised?

ScribeUp raised $13 million in its Series A round, comprising $10 million in equity financing and a $3 million venture debt facility.

The source does not provide details of previous funding rounds or the company's total funding raised to date.

Who Invested in ScribeUp’s Series A?

The $13 million round was led by Curql.

Other participating investors include:

• Mucker Capital
• Service Ventures

Why the Funding Matters

ScribeUp will use the funding to strengthen its AI technology, improve its automated bill management capabilities, expand its team, and support its go-to-market strategy.

The investment will help the company develop tools that allow consumers to manage recurring payments and take financial actions directly through their banking platforms.

Who founded ScribeUp?

ScribeUp was founded in 2021 by Jordan Mackler and Yohei Oka. The company is headquartered in Los Angeles, California.

“Recurring payments are the most frequent interaction a consumer has with their money and the one consumers understand the least,” said Jordan Mackler, CEO and co-founder of ScribeUp. “ScribeUp gives financial institutions the ability to not only surface subscriptions and bills, but to resolve them directly from their banking experience.

“Financial institutions are constantly looking for ways to make digital banking more useful, proactive and connected to customers’ everyday lives,” said Nick Evens, President and Chief Executive Officer at Curql. “We’re excited to support ScribeUp as it addresses that opportunity by bringing AI-powered bill control directly into the banking experience, so institutions can provide this desired functionality, rather than lose this financial relationship to over-the-top consumer apps targeting this gap in today’s banking offering.”

Market and Business Growth

ScribeUp works with more than 60 banks, credit unions, fintech companies, and neobanks. Its platform is pre-integrated with major digital banking systems.

Financial institutions can integrate the technology through an SDK, iframe, or API without building their own recurring bill management infrastructure.

The platform supports a range of recurring payments and helps customers manage bills, identify savings opportunities, and take action within their existing banking experience.

What Happens Next?

ScribeUp plans to continue investing in AI-powered intelligence and automated execution while expanding its team and go-to-market efforts.

The company aims to help more financial institutions offer recurring bill management and related financial services directly through their digital banking platforms.

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