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Amount, a company providing digital lending solutions, has raised $30 million in equity funding to expand its services into credit unions and banks. The funding round was led by investors including Curql, Goldman Sachs, WestCap, Hanaco Ventures, and QED. The deal is structured in SAFE notes, which delays its valuation and protects it from the current fintech slowdown. Previously, the company was last valued at $1 billion.
Amount, which provides digital lending services for credit unions and banks, raised $30M from Curql, Goldman Sachs, WestCap, Hanaco Ventures, QED, and others (@pymnts) https://t.co/ku5M54cYyd 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/QaPUtGmKMy
A Gilbert-based electric vehicle charging company that landed millions of dollars in a venture capital deal last year is liquidating its assets and closing its business. https://t.co/Kf3Nuto8cB
The East Valley company had raised $20 million in its heyday in 2023. https://t.co/zyYTfZJVxY
