Panacea Financial
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Panacea Financial

https://panaceafinancial.com/
Last activity: 16.01.2024
Active
Categories: EdTechFinTechFutureITLifeLoanProductServiceSpaceTraining
Panacea Financial offers financial services for doctors, by doctors. Doctors and doctors-in-training each occupy a unique financial space: despite the opportunity for success, roadblocks like inadequate cash flow, loan debt, and huge upfront costs limit access. So we’ve built a financial company entirely for doctors and doctors in training – tailoring our financial approach and products specifically for you. Our specialized suite of financial products give you greater freedom to forge your future with specially tailored loan and checking/savings options. By reducing financial barriers and burdens, we ensure that all doctors have increased capacity to serve their patients and the population at large. As residents we found it difficult to cover costs of training, interviewing, or even an unexpected life cost without having to use a credit card, ask friends/family for money, or find a co-signer for a high-interest loan. It was frustrating that although we were entrusted with so much in patient care we could not find a lender that could look past our high debt burden, low trainee salary, and limited credit history to see us as a trustworthy borrower. We created Panacea Financial as a solution to meet the specific financial needs of medical professionals including trainees. Our mission is to alleviate your financial concerns, allowing you to practice unburdened. Powered by Primis, we offer services in all 50 states, Washington DC, and Puerto Rico.
Followers
435
Followers
848
Website visits
45.3K /mo.
Mentions
16
Location: United States, Arkansas, Little Rock
Employees: 11-50
Total raised: $24.5M
Founded date: 2020

Funding Rounds 1

DateSeriesAmountInvestors
16.01.2024Series B$24.5M-

Mentions in press and media 16

DateTitleDescription
16.01.2024Panacea Financial Raises $24.5M in Series B FundingPanacea Financial, a Little Rock, AR-based financial technology company dedicated to providing financial services to doctors and doctors’ practices, raised $24.5M in Series B funding. The round was led by Valar Ventures. The company intends...
16.01.2024Panacea Financial raises $24.5 millionPanacea Financial, Panacea Financial Founded: 2020 Headquarters: Little Rock, Arkansas, United States See full company profile "> a company offering financial services to doctors, has raised $24.5 million in Series B funding from Va...
16.01.2024Panacea Financial Pulls In $24.5M Series B LITTLE ROCK, AR, Panacea Financial today announced that it has raised $24.5 million in Series B funding round. >> Click here for more funding data on Panacea Financial >> To export Panacea Financial funding data to PDF and E...
05.03.2023Amazon and Better.com’s unlikely pairingWelcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll ...
16.11.2021Panacea Financial Significantly Expands its Practice Solutions DivisionLITTLE ROCK, Ark., Nov. 16, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. focused on providing financial services for doctors at all stages of their career, announces a significant expansion of its P...
15.10.2021Panacea Financial : Announces Partnership with Colorado Medical Society (CMS)LITTLE ROCK, Ark., Oct. 15, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis Financial Corp. that provides financial services for physicians and dentists through all stages of their training and practice, has partnered...
05.08.2021Panacea Financial Announces Partnership with the American Academy of Otolaryngology-Head and Neck Surgery (AAO-HNS)
27.07.2021Panacea Financial : Announces Launch of Panacea Practice SolutionsLITTLE ROCK, Ark., July 27, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis that provides financial services for doctors-in-training and practicing doctors, today announced the launch of Panacea Practice Solutions (&q...
27.07.2021Panacea Financial Announces Launch of Panacea Practice Solutions
24.05.2021PRIMIS FINANCIAL CORP. Panacea Financial : Announces Partnership with Accountants and Business Advisors (ABA)LITTLE ROCK, Ark., May 24, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis that provides financial services for medical students, residents/fellows and attending physicians, today announced a partnership with Accounta...
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