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
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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