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Hatch, a neobank for SMBs, launches with $20M in funding
source link: https://fintechranking.com/2021/04/13/hatch-a-neobank-for-smbs-launches-with-20m-in-funding/
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Hatch, a neobank for SMBs, launches with $20M in funding
Hatch recently launched its first two products and announced today it has secured a total of $20 million in funding from investors like Kleiner Perkins, Foundation Capital, SVB and Plaid’s founders, TechCrunch reports.
The fintech’s Hatch Business Checking accounts cost $10 a month, don’t charge non-sufficient funds (NSF) or overdraft fees and include cashback offers. Eligible account holders can also enroll in Hatch Cover, which covers overdrafts up to $100, or apply for lines of credit.
Read more: TechCrunch
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