Fintech startup Navra has closed an oversubscribed $19 million Series A round, according to The Block. Ribbit Capital led the financing, with participation from Baseline, DCM, Jump Crypto and Figure Technology Solutions. The company said it plans a limited rollout to retail and institutional clients by the end of October. Navra also said Figure will serve as its first blockchain partner, with white-label services set to follow. The update outlines both the investor lineup and the company’s near-term launch plan, while naming Figure as the initial blockchain partner tied to the rollout.
Fintech startup Navra has completed an oversubscribed $19 million Series A round, according to The Block.
Ribbit Capital led the round. Baseline, DCM, Jump Crypto and Figure Technology Solutions also participated.
Navra said it plans a limited rollout to retail and institutional clients by the end of October. The company also said Figure will be its first blockchain partner, with white-label services to be offered later.
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