Thursday, September 29, 2022

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Stilt: Raises $114M In Equity and Debt Funding

Stilt Raises $114M In Equity and Debt Funding

  • Stilt, a San Francisco, CA-based provider of financial services for immigrants, raised $114M in Equity and Debt funding
  • The $10m round was led by Link Ventures, with participation from Petrushka Investments, Hillsven Capital, Gokul Rajaram, Claire Hughes Johnson
  • The company also has closed on a new $100m debt facility for lending to its loan customers, bringing its total raised to $375m in equity and debt financing
  • The company intends to use the funds to expand operations, product and team
  • The company is a mission-driven company building technology to democratize access to transparent credit products for the millions who are currently shut out by the financial system

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