Panacea Financial
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Panacea Financial

https://panaceafinancial.com/
Last activity: 16.01.2024
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
49K /mo.
Mentions
15
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 15

DateTitleDescriptionSource
16.01.2024Panacea Financial Raises $24.5M in Series B FundingPanacea Financial, a Little Rock, AR-based financial technology company dedicated to providing finan...finsmes.co...
16.01.2024Panacea Financial raises $24.5 millionPanacea Financial, Panacea Financial Founded: 2020 Headquarters: Little Rock, Arkansas, United Sta...coverager....
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 fu...vcnewsdail...
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 vo...techcrunch...
16.11.2021Panacea Financial Significantly Expands its Practice Solutio...LITTLE ROCK, Ark., Nov. 16, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis F...marketscre...
15.10.2021Panacea Financial : Announces Partnership with Colorado Medi...LITTLE ROCK, Ark., Oct. 15, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis F...marketscre...
05.08.2021Panacea Financial Announces Partnership with the American Ac... LITTLE ROCK, Ark., Aug. 5, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis ...prnewswire...
27.07.2021Panacea Financial : Announces Launch of Panacea Practice Sol...LITTLE ROCK, Ark., July 27, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis t...marketscre...
27.07.2021Panacea Financial Announces Launch of Panacea Practice Solut... LITTLE ROCK, Ark., July 27, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis...prnewswire...
24.05.2021PRIMIS FINANCIAL CORP. Panacea Financial : Announces Partne...LITTLE ROCK, Ark., May 24, 2021 /PRNewswire/ -- Panacea Financial (Panacea), a division of Primis th...marketscre...
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