4

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M

 2 years ago
source link: https://fintechranking.com/2021/05/05/alt-bank-brazils-latest-fintech-targeting-the-unbanked-raises-5-5m/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M

alt.bank, a Brazilian neobank, announced a $5.5 million Series A led by Union Square Ventures (USV), TechCrunch reports.

The company, founded by serial entrepreneur Brad Liebmann, follows the founder’s $480 million exit of Simply Business, which was acquired by U.S. insurance giant Travelers in 2017.

Unlike many fintechs, alt.bank has a strong social mission and pays commissions for referrals that last for the customer’s lifetime. 

Read more: TechCrunch


Recommend

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK