BankingFinTech

Wise: Announced that it has closed a $12M Series A

  • Wise a Techstars NYC company headquartered in San Mateo, CA. Wise offers modern businesses a seamless way to the bank, pay, and paid
  • The funding round was led by e.ventures, with participation from Grishin Robotics, and with continued investment from seed investors
  • Wise the leading embedded banking FinTech, that offers business banking via partnerships, announced that it has closed a $12M Series A
  • Six months after a $5.7M seed round, raised the Series A funding to accelerate growth and partnerships across several verticals
  • By embedding banking, Wise unlocks deep product offerings and better customer experiences for partners
  • Embedding banking solves a major pain point that makes RemoteTeam a standout offering in the payroll industry
Previous article
Stairwell: Raises $4.5M in Seed Funding
Next article
Capita: Scores In Partnership deal
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience.Highlights: Nium unveils a new platform for...
FinTech

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers.Highlights: Wise introduces current accounts to UK market.The new...
FinTech

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking.Highlights: Lloyds Bank partners with the University of...
FinTech

Valt Bank Secures De Novo Bank Charter, Expanding Banking Options

New bank charter enables Valt Bank to offer innovative financial services.Highlights: Valt Bank has been granted its de...