Finance Breaking news M1 Finance closes $45m Series C round last financial news

Breaking-Finance.Com - M1 Finance has raised $45 million in a Series C funding round for its "super app" offering automated investing, borrowing and banking products.

Finance Breaking news M1 Finance closes $45m Series C round last financial news

Breaking-Finance.Com - M1 Finance has raised $45 million in a Series C funding round for its "super app" offering automated investing, borrowing and banking products.

Finance Breaking news M1 Finance closes $45m Series C round last financial news
14 October 2020 - 14:00

Breaking-Finance.Com - M1 Finance has raised $45 million in a Series C funding round for its "super app" offering automated investing, borrowing and banking products. The round, which comes just months after a $33 million Series B, was led by Left Lane Capital and joined by Jump Capital and Clocktower Technology Ventures, among others.M1 offers users investing, borrowing, and banking products, promising to help them build long-term wealth, meet medium-term financial needs, and manage short-term spending.

.The firm, which stresses that it is not a robo-advisor, now has more than $2 billion in clients’ assets on the platform and is used by more than 500,000 self-directed investors. Brian Barnes, CEO, M1, says: "Over the next twelve months, we will be doubling headcount as we invest heavily in product innovation and the overall M1 experience."

Source = Breaking-Finance.Com

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Finance Breaking news M1 Finance closes $45m Series C round last financial news


Finance Breaking news M1 Finance closes $45m Series C round last financial news


Finance Breaking news M1 Finance closes $45m Series C round last financial news


Finance Breaking news M1 Finance closes $45m Series C round last financial news

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