Author: Saurabh Kumar

The money, according to the company, would be used to double the number of employees working remotely across the United States; increase its expansion into the trucking, logistics, last-mile delivery, and restaurant industries; grow businesses to incorporate development, accommodation, and wellness; and offer customers additional cash flow benefits and tools. In addition, a New York-based venture capital firm that invests in early and growth-stage tech companies was in charge of financing. General Atlantic, a global growth equity firm, and previous angel investors Drive Capital, Crosscut Ventures, and Indeed, among others, were additional investors. Our mission of assisting working Americans to…

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To shift its emphasis to include a B2B product, Stilt, which first served as a supplier of financial services for immigrants, has secured $14 million in Series A investment coordinated by Link Ventures. The San Francisco-based fintech also said it has closed on a new $100 million debt facility for lending to its loan clients, bringing its total raised to $375 million in equity and debt financing since its 2015 founding. These two financing sources were in addition to the equity raise. A “credit-as-a-service” product called Onbo, which the firm advertises as allowing “any business to design and deliver a…

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