FinTechFunding

Copper: Raises $29M in Series A Funding

Copper Raises $29M in Series A Funding

  • Copper, a Seattle, WA-based teen oriented banking platform, raised $29M in Series A funding
  • The round, which brings total funding to $42.3M, was led by Fiat Ventures with participation from Panoramic Ventures, Insight Partners, Invesco Private Capital
  • The company will use the funds to expand its banking service into a full-featured financial platform
  • The company is a banking platform built for teens to make smart financial decisions
  • With more than 800,000 users, the company offers features like personalized debit cards, access to 50,000 ATMs and support for digital wallets like Apple Pay, Google Pay and Samsung Pay
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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