Finance Breaking news M1 Finance raises $75m last financial news

Breaking-Finance.Com - M1 Finance has raised $75 million in a Series D funding round for its "super app" offering automated investing, borrowing and banking products.

Finance Breaking news M1 Finance raises $75m last financial news

Breaking-Finance.Com - M1 Finance has raised $75 million in a Series D funding round for its "super app" offering automated investing, borrowing and banking products.

Finance Breaking news M1 Finance raises $75m last financial news
09 March 2021 - 14:45

Breaking-Finance.Com - M1 Finance has raised $75 million in a Series D funding round for its "super app" offering automated investing, borrowing and banking products. Led by Coatue and joined by Left Lane Capital and Clocktower Technology Ventures, the round brings M1's total financing over the last nine months to $153 million.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 over $3.5 billion in client assets and saw new signups increase by three times in January over the previous month.With the new money in place, the firm says it wants to double its headcount to nearly 300 by the end of the year.

Source = Breaking-Finance.Com

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Finance Breaking news M1 Finance raises $75m last financial news


Finance Breaking news M1 Finance raises $75m last financial news


Finance Breaking news M1 Finance raises $75m last financial news


Finance Breaking news M1 Finance raises $75m last financial news

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