Citibank Leads $30 Million Series B Fundraise in Subscription Service Raylo

Citibank’s investment boosts Raylo’s growth potential in subscription market.

Highlights:

  • Citibank leads a $30 million Series B round for Raylo.
  • Raylo offers subscription services for tech products.
  • Funding aims to expand Raylo’s market reach.

Citibank has spearheaded a $30 million Series B funding round for Raylo, a subscription service focused on technology products.
This investment aims to enhance Raylo’s capabilities and support its expansion in the growing subscription market.
Raylo caters to consumers looking for flexible options for tech devices, emphasizing affordability and accessibility.
The backing from Citibank is expected to further solidify Raylo’s position in the fintech landscape as demand for subscription services continues to rise.

Rinsu Ann Easo
Rinsu Ann Easo
Diligent Technical Lead with 9 years of experience in software development. Successfully lead project management teams to build technological products. Exposed to software development life cycle including requirement analysis, program design, development and unit testing and application maintenance. Has worked on Java, PHP, PL/SQL, Oracle forms and Reports, Oracle, Bootstrap, structs, jQuery, Ajax, java script, CSS, Microsoft Excel, Microsoft Word, C++, and Microsoft Office.

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